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Enter Symbol:
 
Meru Networks, Inc. (MERU) [hlAlert]

Rating:
Outperform
MERU
down 86.66 %

Meru Networks (MERU) upgraded to Outperform with price target $18 by Robert W. Baird

Posted on: Wednesday,  May 26, 2010  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Outperform Meru Networks, Inc. (NASDAQ: MERU) on 05/26/2010, when the stock price was $12.15.
Since then, Meru Networks, Inc. has lost 86.67% as of 07/07/2015's recent price of $1.62.
If you would have followed this Robert W. Baird's recommendation on MERU, you would have lost 86.66% of your investment in 1868 days.

Meru Networks, Inc., together with its subsidiaries, engages in the development and marketing of a virtualized wireless LAN solution. Its solution enables enterprises to deliver business-critical applications over wireless networks. The company also offers products designed to deliver centralized network management, predictive, and proactive diagnostics, as well as enhanced security. Meru Networks sells its products and services to education, finance, government, healthcare, hospitality, manufacturing, retail, technology, telecom, transportation, and utilities markets primarily through value-added resellers, distributors, and sales force. The company was founded in 2002 and is headquartered in Sunnyvale, California.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/26/2010 8:25 AM Buy
None
12.15 18.00
as of 12/31/2010
1 Week up  25.48 %
1 Month up  34.17 %
3 Months up  7.94 %
1 YTD up  20.68 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/10/2010 8:25 AM Hold
None
15.51 16.00

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