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

Rating:
Overweight
ARTG
up 48.75 %

Art Technology Group, Inc. (ARTG) rated Overweight with price target $5 by Thomas Weisel

Posted on: Tuesday,  Feb 16, 2010  9:25 AM ET by Thomas Weisel

Thomas Weisel rated Overweight 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 Thomas Weisel'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.

At Thomas Weisel Partners, the role of Research is to contribute to our clients' decision process in ways that lead to better investment decisions. We cover the key growth sectors of the economy including Consumer, Energy, Financial Services, Healthcare, Internet, Media & Telecom, Metals & Mining and Technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/16/2010 9:25 AM Buy
None
4.02 5.00
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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