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up 62.44 %

ABOVENET INC (ABVT) rated Buy with price target $65 by Sun Trust Rbsn Humphrey

Posted on: Tuesday,  Dec 1, 2009  8:25 AM ET by Sun Trust Rbsn Humphrey

Sun Trust Rbsn Humphrey rated Buy ABOVENET INC (NYSE: ABVT) on 12/01/2009, when the stock price was $51.71.
Since then, ABOVENET INC has gained 62.44% as of 06/29/2012's recent price of $84.00.
If you would have followed this Sun Trust Rbsn Humphrey's recommendation on ABVT, you would have gained 62.44% of your investment in 941 days.

AboveNet, Inc. (AboveNet) provides high bandwidth connectivity solutions primarily to corporate enterprise clients and communication carriers in the United States and the United Kingdom. The Company?s communications infrastructure and global Internet protocol (IP) network are used by a range of companies, such as commercial banks, brokerage houses, insurance companies, investment banks, media companies, social networking companies, Web-centric companies, law firms and medical and health care institutions. The Company provides lit broadband services over its metro networks, long haul network and global IP network utilizing equipment that it owns and operates. In addition, it also provides dark fiber services to customers.

We provide equity research coverage on more than 300 companies in select core industries and sub-sectors with above-average growth potential. Our focused approach allows our analysts to have deep knowledge of industries, companies and markets they cover, enabling them to deliver highly insightful research and sound advice. With our expertise and thoughtful, diligent approach, our equity research positions you to make well-informed decisions that contribute to your success.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/1/2009 8:25 AM Buy
51.71 65.00
as of 12/31/2009
1 Week down  -8.18 %
1 Month down  -8.10 %
3 Months   
1 YTD down  -8.10 %

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