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Enter Symbol:
 
LONGTOP FINANCIAL TECHNOLOGIES (LGFTY) [hlAlert]

Rating:
Mkt Outperform
LFT
down 99.90 %

LONGTOP FINANCIAL TECHNOLOGIES (LFT) rated Mkt Outperform with price target $36 by Avondale

Posted on: Tuesday,  Nov 17, 2009  2:25 PM ET by Avondale

Avondale rated Mkt Outperform LONGTOP FINANCIAL TECHNOLOGIES (OTCBB: LGFTY) on 11/17/2009, when the stock price was $32.27.
Since then, LONGTOP FINANCIAL TECHNOLOGIES has lost 99.91% as of 12/13/2011's recent price of $0.03.
If you would have followed this Avondale's recommendation on LGFTY, you would have lost 99.9% of your investment in 756 days.

Longtop is a leading software development and solutions provider targeting the financial services industry in China. Longtop develops and delivers a comprehensive range of software applications and solutions with a focus on meeting the rapidly growing IT needs of the financial services institutions in China.

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as Forbes.com’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/17/2009 2:25 PM Buy
None
32.27 36.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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