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up 31.03 %

SHORETEL INC. (SHOR) rated Outperform with price target $13 by Northland Securities

Posted on: Monday,  Apr 4, 2011  8:25 AM ET by Northland Securities

Northland Securities rated Outperform SHORETEL INC. (NASDAQ: SHOR) on 04/04/2011. Previously Northland Securities rated Outperform SHORETEL INC. (NASDAQ: SHOR) on 02/05/2010.,
when the stock price was $5.51. Since then, SHORETEL INC. has gained 31.03% as of 01/11/2016's recent price of $7.22.
If you would have followed the previous Northland Securities's recommendation on SHOR, you would have gained 31.03% of your investment in 2166 days.

ShoreTel, Inc. (ShoreTel) is a provider of Internet protocol (IP) unified communications systems for enterprises. The Company?s systems are based on its distributed software architecture and switch-based hardware platform, which enable multi-site enterprises to be served by a single system. ShoreTel?s solution consists of ShoreGear switches, ShorePhone IP telephones and ShoreWare software applications. The Company provides its systems to enterprises across all industries, including to small, medium and large companies, and public institutions. Its enterprise customers include multi-site large companies. As of June 30, 2008, ShoreTel had sold its IP unified communications systems to close to 8,000 enterprise customers.

Our equity research effort attempts to identify high potential small-cap investment ideas. We offer traditional sell-side research services with a particular focus on unearthing information that either supports or challenges our investment thesis. We strive to continuously provide our institutional client base with timely and insightful thinking.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/4/2011 8:25 AM Buy
8.86 13.00
as of 12/30/2011
1 Week down  -1.54 %
1 Month up  5.80 %
3 Months up  28.11 %
1 YTD down  -18.30 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/30/2010 9:25 AM Buy
7.78 10.00
2/5/2010 9:25 AM Buy
5.51 7.00
9/10/2009 9:25 AM Hold

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