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Enter Symbol:
Open Text Corporation (OTEX) [hlAlert]

Sector Outperform
up 134.94 %

Open Text Corporation (OTEX) rated Sector Outperform by CIBC Wrld Mkts

Posted on: Friday,  Aug 21, 2009  8:25 AM ET by CIBC Wrld Mkts

CIBC Wrld Mkts rated Sector Outperform Open Text Corporation (NASDAQ: OTEX) on 08/21/2009, when the stock price was $19.26.
Since then, Open Text Corporation has gained 134.94% as of 01/04/2016's recent price of $45.25.
If you would have followed this CIBC Wrld Mkts's recommendation on OTEX, you would have gained 134.94% of your investment in 2327 days.

Open Text Corp. has pioneered the development of innovative intranet, extranet and e-Business applications. Since creating one of thefirst search engines to index the World Wide Web, the company has remained at the forefront of Internet-based technologies. Today, Open Text solutions allow individuals, teams, organizations, and global trading communities to collaborate on projects, share ideas and accelerate innovation to the fastest possible speed. (PRESS RELEASE)

CIBC World Markets strives to deliver leading edge investment research to investing clients through our multi-faceted, firm-wide research product offering. Our research has consistently been recognized as a top research source for its breadth of coverage, industry knowledge and quality of work in generating profitable and timely investment ideas. We provide in-depth coverage for all of the major sectors of the Canadian economy and select coverage of U.S. companies. Our analytical teams remain committed to identifying trends early and developing exploitable investment opportunities across the market capitalization spectrum. With the continued growth in quantitative and computerized investing strategies, we have also developed leading edge quantitative and technical research products to partner with our fundamental approach. Our products are available through several automated avenues: email, website, and third-party market vendors. Client service is our driving force and we constantly advance in offering greater product customization options.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/21/2009 8:25 AM Buy
as of 12/31/2009
1 Week up  16.79 %
1 Month up  23.14 %
3 Months up  25.58 %
1 YTD up  21.70 %

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