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Enter Symbol:
 
BroadSoft Inc (BSFT) [hlAlert]

Rating:
Buy BSFT
up 261.60 %

BROADSOFT INC. (BSFT) rated Buy with price target $12 by Jefferies

Posted on: Monday,  Jul 26, 2010  8:25 AM ET by Jefferies

Jefferies rated Buy BroadSoft Inc (NASDAQ: BSFT) on 07/26/2010, when the stock price was $8.70. Since
then, BroadSoft Inc has gained 261.61% as of 12/29/2015's recent price of $31.46.
If you would have followed this Jefferies's recommendation on BSFT, you would have gained 261.6% of your investment in 1982 days.

BroadSoft, Inc. is a global provider of software that enables fixed-line, mobile and cable service providers to deliver voice and multimedia services over their Internet protocol-based (IP-based), networks. The Company?s software, BroadWorks, enables its service provider customers to provide enterprises and consumers with a range of cloud-based, or hosted, IP multimedia communications, such as hosted IP private branch exchanges (PBXs), video calling, unified communications (UC), collaboration and converged mobile and fixed-line services. BroadWorks performs a critical network function by serving as the software element that delivers and coordinates voice, video and messaging communications through a service provider?s IP-based network. On October 27, 2010, the Company acquired all of the assets of Casabi, Inc. (Casabi). In October 2011, the Company acquired iLinc Communications, Inc.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/26/2010 8:25 AM Buy
None
8.70 12.00
as of 12/31/2010
1 Week down  -0.69 %
1 Month up  13.77 %
3 Months up  198.61 %
1 YTD up  8.29 %

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