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Enter Symbol:
Mitel Networks Corp. (MITL) [hlAlert]

Mkt Outperform
down 6.32 %

Mitel Networks Corp. (MITL) rated Mkt Outperform with price target $17 by JMP Securities

Posted on: Friday,  Jul 2, 2010  10:25 AM ET by JMP Securities

JMP Securities rated Mkt Outperform Mitel Networks Corp. (NASDAQ: MITL) on 07/02/2010, when the stock price was $7.90.
Since then, Mitel Networks Corp. has lost 6.33% as of 01/13/2016's recent price of $7.40.
If you would have followed this JMP Securities's recommendation on MITL, you would have lost 6.32% of your investment in 2021 days.

Mitel Networks Corporation provides integrated communications solutions and services for business customers worldwide. It offers Internet protocol based communications solutions that consist of a combination of telephony hardware products, such as communications platforms and desktop devices, and software applications, which integrate voice, video, and data communications with business applications and processes. The companyâ??s product portfolio comprises a range of appliances for very small or home-based business; communications platforms and gateways; desktop devices, such as phones, desktop PC applications, conference units, and operator consoles; and software applications, including software that enables specialized functionality, such as messaging, teleworking, and voice and data collaboration. It also provides a suite of application programming interfaces, which allow third parties to integrate their products and customersâ?? business systems with the companyâ??s solutions. In addition, Mitel Networks provides planning services that comprise needs assessments, site surveys, system configuration, network design, and project management; and implementation services consisting of Internet protocol-based system and application implementations, advanced messaging implementations, and multi-site installations. Further, it offers resource coordination, project management, contract administration, performance management, customized applications development, technical support, long-term systems management, and training services, as well as network, local, and long distance services. The company serves hotel chains, governmental agencies, retail chains, professional services firms, educational establishments, and healthcare providers through wholesale distributors, solutions providers, authorized channel partners, exclusive business partners, communications services providers, and systems integrators. Mitel Networks is headquartered in Kanata, Canada.

MP Securities' equity research department provides institutional clients with comprehensive industry knowledge, unique insight and actionable information. JMP's senior research analysts are charged with developing proprietary investment themes, anticipating secular and cyclical changes and producing action-oriented reports. JMP follows companies in six industries that exhibit above-average long-term growth characteristics — Technology, Healthcare, Consumer, Real Estate, Financial Services and Business Services — and produces specialized equity research that enables investors to understand and invest in complicated growth stocks profitably.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/2/2010 10:25 AM Buy
7.90 17.00
as of 12/31/2010
1 Week down  -3.01 %
1 Month down  -21.40 %
3 Months down  -16.28 %
1 YTD down  -6.88 %

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