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Synchronoss Technologies, Inc. (SNCR) [hlAlert]

Rating:
Mkt Outperform
SNCR
up 54.86 %

Synchronoss Technologies, Inc. (SNCR) rated Mkt Outperform with price target $28 by Avondale

Posted on: Wednesday,  Nov 3, 2010  8:25 AM ET by Avondale

Avondale rated Mkt Outperform Synchronoss Technologies, Inc. (NASDAQ: SNCR) on 11/03/2010, when the stock price was $26.21.
Since then, Synchronoss Technologies, Inc. has gained 54.86% as of 01/21/2016's recent price of $40.59.
If you would have followed this Avondale's recommendation on SNCR, you would have gained 54.86% of your investment in 1905 days.

Synchronoss Technologies, Inc. (Synchronoss) is a provider of on-demand transaction management platforms that enable communications service providers (CSPs), equipment manufacturers with embedded connectivity (handsets, mobile Internet devices, laptops and cameras) and other customers to automate subscriber activation, order management and service provisioning from any channel (e-commerce, telesales, customer stores and other retail outlets) to any communication service across any device type. Its ConvergenceNow platforms (including ConvergenceNow Plus+ and InterconnectNow) provide seamless integration between customer-facing channels/applications, communication services, devices and back-office infrastructure-related systems and processes. Synchronoss?s platforms manage transactions relating to a range of existing communications and digital content services across the different segments of its customers. In September 2008, the Company acquired Wisor Telecom Corporation.

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as Forbes.com’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/3/2010 8:25 AM Buy
None
26.21 28.00
as of 12/31/2010
1 Week up  6.22 %
1 Month up  10.92 %
3 Months up  9.99 %
1 YTD up  9.99 %

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