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Enter Symbol:
 
OpenTable (OPEN) [hlAlert]

Rating:
Buy OPEN
up 232.09 %

OpenTable (OPEN) rated Buy with price target $35 by ThinkEquity

Posted on: Wednesday,  Jul 1, 2009  8:25 AM ET by ThinkEquity

ThinkEquity rated Buy OpenTable (NASDAQ: OPEN) on 07/01/2009, when the stock price was $31.00. Since then,
OpenTable has gained 232.10% as of 07/23/2014's recent price of $102.95.
If you would have followed this ThinkEquity's recommendation on OPEN, you would have gained 232.09% of your investment in 1848 days.

OpenTable, Inc. (OpenTable) provides solutions that form an online network connecting reservation-taking restaurants and people who dine at those restaurants. Its solutions include electronic reservation book (ERB) for restaurant customers and www.opentable.com, a restaurant reservation Website for diners. The OpenTable network includes approximately 10,000 OpenTable restaurant customers. As of September 30, 2008, the Company seated an average of approximately 2.8 million diners per month. For restaurant customers, it provides an ERB, which is an integrated software and hardware solution that computerizes restaurant host-stand operations. The OpenTable ERB streamlines a number of business functions and processes for restaurants, including reservation management, table management, guest recognition and e-mail marketing. The OpenTable Website enables diners to find, choose and book tables at restaurants on the OpenTable network.

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
7/1/2009 8:25 AM Buy
None
31.00 35.00
as of 12/31/2009
1 Week up  179.36 %
1 Month up  182.84 %
3 Months up  171.66 %
1 YTD up  194.06 %

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