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Rackspace Hosting Inc. (RAX) [hlAlert]

up 429.96 %

Rackspace Hosting Inc. (RAX) rated Buy by Piper Jaffray

Posted on: Wednesday,  Dec 17, 2008  8:25 AM ET by Piper Jaffray

Piper Jaffray rated Buy Rackspace Hosting Inc. (NYSE: RAX) on 12/17/2008, when the stock price was $5.84.
Since then, Rackspace Hosting Inc. has gained 429.97% as of 12/01/2015's recent price of $30.95.
If you would have followed this Piper Jaffray's recommendation on RAX, you would have gained 429.96% of your investment in 2540 days.

Rackspace Hosting, Inc. (Rackspace Hosting), incorporated on March 7, 2000, is engaged in the business of hosting and cloud computing. The Company?s services are sold to businesses in more than 120 countries. The Company sells a suite of hosting and cloud computing offerings, all backed by Fanatical Support.

At Piper Jaffray, we understand there’s no substitute for relevant and timely research. That's why we provide: * fundamental and technical research * value-added investment ideas * market analysis With the information our research team provides, you’ll make better and more informed decisions for your portfolio.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2008 8:25 AM Buy
as of 12/24/2008
1 Week up  71.37 %
1 Month up  71.37 %
3 Months   
1 YTD up  71.37 %

(*) Stock Price at the time of the recommendation.
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