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Enter Symbol:
Avid Technology, Inc. (AVID) [hlAlert]

up 157.90 %

Avid Technology, Inc. (AVID) rated Sell with price target $6 by Kaufman Bros

Posted on: Wednesday,  Dec 17, 2008  8:25 AM ET by Kaufman Bros

Kaufman Bros rated Sell Avid Technology, Inc. (NASDAQ: AVID) on 12/17/2008. Previously Kaufman Bros rated Sell Avid Technology, Inc. (NASDAQ: AVID) on
02/01/2008., when the stock price was $21.20. Since then, Avid Technology, Inc. has lost 61.23% as of 01/21/2016's recent price of $8.22.
If you would have followed the previous Kaufman Bros's recommendation on AVID, you would have gained 157.9% of your investment in 2911 days.

Avid Technology, Inc. develops, markets, sells and supports a wide range of software and systems for creating and manipulating digital media content. Digital media are media elements, whether video or audio or graphics, in which the image, sound or picture is recorded and stored asdigital values, as opposed to analog signals. The company's systems are designed to improve the productivity of video and film editors by enabling them to edit moving pictures and sound in a faster, easier, and more cost-effective manner than traditional analog tape-based systems.

aufman Bros., L.P. recognizes that our research analysts act as the navigating force behind all of the services we offer. Through comments, profiles, reports and newsletters, our analysts track companies within their particular market segment on day-to-day happenings. Kaufman Bros. analysts bring to our tightly integrated team approach a variety of skill-sets and experience. Along with their direct communications industry, company development, and management backgrounds, they possess extensive investment community experience. Kaufman Bros. seeks to deliver comprehensive research coverage to the institutional and private investment communities in the following sectors: Cable, Satellite & Interactive Media Communications Equipment & Services Digital Media Software Enterprise Communications Technology Green Technology Internet & Digital Media IT Services & Enterprise Software Semiconductors
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2008 8:25 AM Sell
10.99 6.00
as of 12/24/2008
1 Week up  3.81 %
1 Month down  -11.13 %
3 Months up  2.39 %
1 YTD up  3.02 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/1/2008 8:25 AM Sell
21.20 15.00
10/26/2007 9:25 AM Hold
28.00 28.00

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