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Enter Symbol:

up 94.38 %

DATA DOMAIN INC. (DDUP) downgraded to Sell by Argus

Posted on: Thursday,  May 21, 2009  3:25 PM ET by Argus

Argus rated Sell DATA DOMAIN INC. (NASDAQ: DDUP) on 05/21/2009. Previously Argus rated Buy DATA DOMAIN INC. (NASDAQ: DDUP) on 02/02/2009.,
when the stock price was $12.28. Since then, DATA DOMAIN INC. has gained 94.38% as of 05/21/2009's recent price of $23.87.
If you would have followed the previous Argus's recommendation on DDUP, you would have gained 94.38% of your investment in 108 days.

Data Domain is a leading provider of Enterprise Protection Storage systems for disk backup and network-based disaster recovery. Data Domain's Global Compression, data invulnerability and replication technologies offer data reduction rates that enable new efficiencies in enterprise data protection. Data Domain delivers the performance, reliability and scalability to address the data protection needs of enterprises of all sizes. Data Domain's products and solutions integrate into existing customer infrastructures and are compatible with leading enterprise backup software products.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/21/2009 3:25 PM Sell
as of 10/21/2009
1 Week   
1 Month   
3 Months down  -2.82 %
1 YTD up  53.96 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/2/2009 8:25 AM Buy
12.28 21.00

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