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Enter Symbol:
 
Avocent Corporation (AVCT) [hlAlert]

Rating:
Accumulate
AVCT
up 63.33 %

Avocent Corporation (AVCT) rated Accumulate with price target $19 by ThinkEquity

Posted on: Thursday,  Jan 29, 2009  8:25 AM ET by ThinkEquity

ThinkEquity rated Accumulate Avocent Corporation (NASDAQ: AVCT) on 01/29/2009, when the stock price was $15.30. Since
then, Avocent Corporation has gained 63.33% as of 12/11/2009's recent price of $24.99.
If you would have followed this ThinkEquity's recommendation on AVCT, you would have gained 63.33% of your investment in 316 days.

Avocent Corporation (Avocent) designs, manufactures, licenses, and sells software and hardware products and technologies that provide connectivity and centralized management of information technology (IT) infrastructure. The Company provides connectivity and systems management, endpoint security, and service management products and technologies, desktop computers, serial devices, wireless devices, mobile devices, network appliances, and process management for IT personnel. Avocent markets its products to a group of original equipment manufacturers (OEMs), dealers, distributors, resellers, and end users, through its sales and customer support staff, advertisements in trade publications, online sponsorships, and participation in industry trade shows. In June 30, 2008, Avocent completed the acquisition of Touchpaper Group Limited, (Touchpaper). In July 10, 2008, the Company acquired Ergo 2000 Inc. (Ergo).

Research is at the core of everything we do at ThinkEquity, and we're passionate about it. Employing a disciplined and rigorous process, we scrutinize the spectrum of forces at play in the growth sectors we cover. Starting with a top down analysis, we look closely at the megatrends and industry drivers that create opportunities for innovative companies. We then allocate our resources based on a long-range research roadmap that leads to deep domain expertise and a close working knowledge of the technologies, products, services and people that populate the growth sector landscape. In short, the sum result of the ThinkEquity research process is to identify and affiliate ourselves with the fastest growing private and public companies within our domain verticals.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/29/2009 8:25 AM Buy
None
15.30 19.00
as of 12/31/2009
1 Week   
1 Month up  0.04 %
3 Months up  23.28 %
1 YTD up  63.33 %

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