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Art Technology Group, Inc. (ARTG) [hlAlert]

Rating:
Buy ARTG
up 48.75 %

Art Technology Group, Inc. (ARTG) rated Buy with price target $6 by Deutsche Bank

Posted on: Tuesday,  Feb 16, 2010  8:25 AM ET by Deutsche Bank

Deutsche Bank rated Buy Art Technology Group, Inc. (NASDAQ: ARTG) on 02/16/2010, when the stock price was $4.02.
Since then, Art Technology Group, Inc. has gained 48.76% as of 01/05/2011's recent price of $5.98.
If you would have followed this Deutsche Bank's recommendation on ARTG, you would have gained 48.75% of your investment in 323 days.

Art Technology Group, Inc. (ATG) develops and markets a suite of e-commerce software products and software-as-a-service (SaaS) solutions, as well as provide related services, including support and maintenance, professional services, application hosting, e-commerce optimization services for enhancing online sales, and education. Its solutions are designed to provide an e-commerce Website for its customers to create an online customer base. Its ATG Commerce Suite consists of solutions delivered through perpetual software licenses or delivered as recurring SAAS solutions. The Company?s products suite include The ATG Commerce Suite, The ATG Adaptive Scenario Engine, ATG Commerce Search, ATG Merchandising, ATG Content Administration, ATG Outreach, ATG Self-Service, ATG Commerce Service and ATG Knowledge. In February 2008, the Company acquired eShopperTools.com, Inc. (CleverSet). Its subsidiaries include Primus Knowledge Solutions, Inc., eStara, Inc., and CleverSet.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/16/2010 8:25 AM Buy
None
4.02 6.00
as of 12/31/2010
1 Week up  0.16 %
1 Month up  0.50 %
3 Months up  45.98 %
1 YTD up  49.25 %

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