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Enter Symbol:
 
NETEZZA CORPORATION (NZ) [hlAlert]

Rating:
Buy NZ
down 29.19 %

NETEZZA CORPORATION (NZ) upgraded to Buy by Canaccord Adams

Posted on: Tuesday,  Mar 23, 2010  8:25 AM ET by Canaccord Adams

Canaccord Adams rated Buy NETEZZA CORPORATION (AMEX: NZ) on 03/23/2010, when the stock price was $13.70. Since
then, NETEZZA CORPORATION has lost 29.20% as of 11/10/2010's recent price of $9.70.
If you would have followed this Canaccord Adams's recommendation on NZ, you would have lost 29.19% of your investment in 232 days.

Netezza is the global leader in analytic appliances that dramatically simplify high-performance analytics for business users across the extended enterprise, delivering significant competitive and operational advantage in today's information-intensive marketplaces. The Netezza Performance Server? family of streaming analytic appliances brings appliance simplicity to a broad range of complex data warehouse and analytic challenges. Customers who have realized the benefits of Netezza appliances include Ahold, Amazon.com, CNET Networks, Debenhams, Department of Veterans Affairs, Epsilon, Neiman Marcus, Orange UK, Premier, Inc., Ross Stores, Ryder System, Inc., The Carphone Warehouse and Virgin Media. Based in Framingham, Mass., Netezza has offices in Washington, DC, the United Kingdom and Asia Pacific.

Canaccord Adams provides focused, actionable, idea-driven research, helping clients make informed investment decisions. Our 55 international analysts scour the globe for emerging and small to mid cap (US$1-2 billion market capitalization) growth opportunities, identifying value and exposing risk. Our research team analyzes over 550 companies in eight sectors, clarifying current events and anticipating market trends in high-quality daily, weekly and monthly research products. Our clients benefit from our thorough and sophisticated knowledge of the sectors we cover - Metals and Mining, Energy, Technology, Life Sciences, Real Estate, Consumer, Sustainability and Industrial Growth. We combine independent, actionable ideas, unique global perspective and unparalleled industry expertise. We believe it's evident in our research, and the foundation of our business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/23/2010 8:25 AM Buy
None
13.70
as of 12/31/2010
1 Week   
1 Month   
3 Months up  140.30 %
1 YTD up  97.15 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/26/2009 8:25 AM Hold
None
8.93
8/26/2009 8:25 AM Hold
None
8.93
4/18/2008 11:25 AM Buy
None
10.12 12.50

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