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Enter Symbol:
 
Double-take Software, Inc. (DBTK) [hlAlert]

Rating:
Buy DBTK
up 41.90 %

Double-take Software, Inc. (DBTK) rated Buy with price target $12 by Lazard Capital Mkts

Posted on: Wednesday,  Jun 3, 2009  8:25 AM ET by Lazard Capital Mkts

Lazard Capital Mkts rated Buy Double-take Software, Inc. (NASDAQ: DBTK) on 06/03/2009. Previously Lazard Capital Mkts rated Buy Double-take Software, Inc. (NASDAQ: DBTK)
on 04/07/2009., when the stock price was $7.04. Since then, Double-take Software, Inc. has gained 41.90% as of 07/23/2010's recent price of $9.99.
If you would have followed the previous Lazard Capital Mkts's recommendation on DBTK, you would have gained 41.9% of your investment in 472 days.

Double-Take Software, Inc. develops, sells and supports software that allows information technology (IT) organizations of all sizes to move, protect and recover workloads across any distance and any combination of physical and virtual server environments. Majority of the Company?s revenues are derived from sales of software and related services. Software is licensed by the Company primarily to distributors, value added resellers (VARs) and original equipment manufacturers (OEMS), located primarily in the United States and in Europe. In July 2008, the Company acquired emBoot Inc., a Mississauga, Ontario-based software company.

Lazard Capital Markets’ research team is broadly recognized for its insight, thoroughness, and objectivity. Lazard Capital Markets’ goal is to help our clients make the best-informed decisions by providing timely, thoughtful analysis as well as access to company management teams and industry thought leaders. Lazard Capital Markets’ industry-focused analysts strive to identify emerging sector trends as well as bottom-up fundamental issues affecting their stocks under coverage. We add value by conducting extensive primary survey work, hosting proprietary events, cultivating industry contacts, and participating in relevant industry conferences.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/3/2009 8:25 AM Buy
None
9.19 12.00
as of 12/31/2009
1 Week up  4.66 %
1 Month up  19.88 %
3 Months up  3.53 %
1 YTD up  14.79 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/7/2009 11:25 AM Buy
None
7.04 10.00

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