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Enter Symbol:
 
Adtran, Inc. (ADTN) [hlAlert]

Rating:
Accumulate
ADTN
down 22.54 %

Adtran, Inc. (ADTN) rated Accumulate with price target $27 by CL King

Posted on: Tuesday,  Jul 21, 2009  9:25 AM ET by CL King

CL King rated Accumulate Adtran, Inc. (NASDAQ: ADTN) on 07/21/2009. Previously CL King rated Accumulate Adtran, Inc. (NASDAQ: ADTN) on 04/16/2009.,
when the stock price was $20.18. Since then, Adtran, Inc. has lost 22.55% as of 01/21/2016's recent price of $15.63.
If you would have followed the previous CL King's recommendation on ADTN, you would have lost 22.54% of your investment in 2471 days.

Adtran Inc. is a leading global provider of networking & communications equipment, with an eighteen year history of profitability & a portfolio of more than one thousand four hundred solutions for use in the last mile of today's telecommunications networks. Widely deployed by both carriers & small & midsize businesses, Adtran solutions enable voice, data, video, and Internet communications across copper, fiber, & wireless network infrastructures. ADTRAN solutions are currently in use by every major U.S. service provider & many global ones, as well as by thousands of public, private and governmental organizations worldwide. It's product portfolio consists of different high-speed network access devices. In both service provider & enterprise networks, these products are used primarily in the last mile, or local loop, of the network, & in local area networks on the customer premises. The last mile is that segment of the network that connects end-user subscribers to a service provider?s closest facility.

CL King research analysts "Discover the Uncovered." Our analysts seek out small- and mid-cap companies that may be ignored by other Wall Street research providers, identifying value and growth that may be unrecognized by institutional equity investors. Our goal is to generate superior absolute returns while minimizing downside risk.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/21/2009 9:25 AM Buy
None
24.04 27.00
as of 12/31/2009
1 Week up  83.39 %
1 Month up  95.55 %
3 Months up  68.30 %
1 YTD up  71.88 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/16/2009 9:25 AM Buy
None
20.18 23.00
1/20/2009 10:25 AM Hold
None
15.00

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