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Enter Symbol:
 
Blackboard Inc. (BBBB) [hlAlert]

Rating:
Buy BBBB
up 60.98 %

Blackboard Inc. (BBBB) rated Buy with price target $50 by Maxim Group

Posted on: Wednesday,  Nov 4, 2009  9:25 AM ET by Maxim Group

Maxim Group rated Buy Blackboard Inc. (NASDAQ: BBBB) on 11/04/2009. Previously Maxim Group rated Buy Blackboard Inc. (NASDAQ: BBBB) on 03/06/2009.,
when the stock price was $27.94. Since then, Blackboard Inc. has gained 60.99% as of 10/04/2011's recent price of $44.98.
If you would have followed the previous Maxim Group's recommendation on BBBB, you would have gained 60.98% of your investment in 942 days.

Blackboard Inc provides enterprise software applications and related services to the education industry. Their product line consists of five software applications bundled in two suites, the Blackboard Academic Suite and the Blackboard Commerce Suite. They license these products on a renewable basis, typically for an annual term. Their clients include colleges, universities, schools and other education providers, as well as textbook publishers and student-focused merchants who serve these education providers and their students.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/4/2009 9:25 AM Buy
None
39.02 50.00
as of 12/31/2009
1 Week down  -14.45 %
1 Month down  -6.27 %
3 Months up  3.52 %
1 YTD up  0.23 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/6/2009 8:25 AM Buy
None
27.94 37.00

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