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up 154.21 %

TERREMARK WORLDWIDE (TMRK) rated Outperform by Wells Fargo

Posted on: Wednesday,  Mar 31, 2010  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform TERREMARK WORLDWIDE (NASDAQ: TMRK) on 03/31/2010, when the stock price was $7.47. Since
then, TERREMARK WORLDWIDE has gained 154.22% as of 04/08/2011's recent price of $18.99.
If you would have followed this Wells Fargo's recommendation on TMRK, you would have gained 154.21% of your investment in 373 days.

Terremark Worldwide, Inc. (Terremark) is a global provider of managed information technology (IT) solutions with data centers in the United States, Europe and Latin America. The Company provides carrier neutral colocation, managed services and exchange point services to approximately 1,100 customers worldwide across a range of sectors, including enterprises, government agencies, systems integrators, Internet content and portal companies, and network providers. In addition, as a carrier neutral provider the Company has more than 160 carriers connected to its data centers. The Company delivers its solutions primarily through specialized data centers, or network access points (NAPs). Its primary products and services include colocation, managed services and exchange point services. Terremark provides customers with the space, power and a secure environment to deploy their own computing, network, storage and IT infrastructure. In November 2009, the Company acquired DS3 DataVaulting.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/31/2010 8:25 AM Buy
as of 12/31/2010
1 Week up  1.24 %
1 Month up  8.43 %
3 Months up  25.53 %
1 YTD up  73.76 %

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