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Enter Symbol:
Rackspace Hosting Inc. (RAX) [hlAlert]

up 38.97 %

Rackspace Hosting Inc. (RAX) rated Buy with price target $26 by Auriga U.S.A

Posted on: Thursday,  Jan 14, 2010  8:25 AM ET by Auriga U.S.A

Auriga U.S.A rated Buy Rackspace Hosting Inc. (NYSE: RAX) on 01/14/2010, when the stock price was $22.27.
Since then, Rackspace Hosting Inc. has gained 38.98% as of 12/01/2015's recent price of $30.95.
If you would have followed this Auriga U.S.A's recommendation on RAX, you would have gained 38.97% of your investment in 2147 days.

Rackspace Hosting, Inc. (Rackspace Hosting), incorporated on March 7, 2000, is engaged in the business of hosting and cloud computing. The Company?s services are sold to businesses in more than 120 countries. The Company sells a suite of hosting and cloud computing offerings, all backed by Fanatical Support.

Auriga is committed to providing our clients with market information flow, investment ideas and access to industry experts. We strive to provide value through unique industry knowledge. Our growing research practice is being built with domain experts who have a strong reputation amongst institutional investors. Auriga’s research analysts have also been recognized by numerous industry publications including, The Wall Street Journal and Bloomberg. Our bottom-up fundamental approach is data point driven with a primary focus on growth sectors within the technology and healthcare verticals.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/14/2010 8:25 AM Buy
22.27 26.00
as of 12/31/2010
1 Week up  1.56 %
1 Month up  6.99 %
3 Months up  20.13 %
1 YTD up  40.14 %

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