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Enter Symbol:
 
Rackable Systems, Inc. (RACK) [hlAlert]

Rating:
Buy RACK
down 96.35 %

Rackable Systems, Inc. (RACK) rated Buy with price target $9.43 by Canaccord Adams

Posted on: Wednesday,  Jan 7, 2009  11:25 AM ET by Canaccord Adams

Canaccord Adams rated Buy Rackable Systems, Inc. (OTCBB: RACK) on 01/07/2009. Previously Canaccord Adams rated Buy Rackable Systems, Inc. (OTCBB: RACK) on
04/21/2008., when the stock price was $10.46. Since then, Rackable Systems, Inc. has lost 96.36% as of 06/19/2015's recent price of $0.38.
If you would have followed the previous Canaccord Adams's recommendation on RACK, you would have lost 96.35% of your investment in 2615 days.

Rackable Systems, Inc. is a leading provider of server and storage products for large, scale-out data center deployments. Innovative designs, patented technology and commitment to customer service have enabled them to successfully address the needs of many of the world's most complex data centers.

Canaccord Adams provides focused, actionable, idea-driven research, helping clients make informed investment decisions. Our 55 international analysts scour the globe for emerging and small to mid cap (US$1-2 billion market capitalization) growth opportunities, identifying value and exposing risk. Our research team analyzes over 550 companies in eight sectors, clarifying current events and anticipating market trends in high-quality daily, weekly and monthly research products. Our clients benefit from our thorough and sophisticated knowledge of the sectors we cover - Metals and Mining, Energy, Technology, Life Sciences, Real Estate, Consumer, Sustainability and Industrial Growth. We combine independent, actionable ideas, unique global perspective and unparalleled industry expertise. We believe it's evident in our research, and the foundation of our business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/7/2009 11:25 AM Buy
None
4.90 9.43
as of 8/8/2009
1 Week   
1 Month   
3 Months down  -14.48 %
1 YTD up  24.36 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/21/2008 11:25 AM Buy
None
10.46 12.20
1/11/2008 11:25 AM Hold
None
8.62 8.37

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