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Enter Symbol:
 
Ellie Mae Inc (ELLI) [hlAlert]

Rating:
Outperform
ELLI
up 997.18 %

ELLIE MAE INC (ELLI) rated Outperform with price target $10 by Morgan Keegan

Posted on: Wednesday,  May 25, 2011  11:25 AM ET by Morgan Keegan

Morgan Keegan rated Outperform Ellie Mae Inc (NYSE: ELLI) on 05/25/2011, when the stock price was $6.75. Since
then, Ellie Mae Inc has gained 997.19% as of 10/29/2015's recent price of $74.06.
If you would have followed this Morgan Keegan's recommendation on ELLI, you would have gained 997.18% of your investment in 1618 days.

Ellie Mae, Inc. hosts an electronic mortgage origination networks in the United States. The Ellie Mae Network electronically connects approximately 55,000 mortgage professionals to the mortgage lenders, investors and service providers integral to the origination and funding of residential mortgages. For mortgage originators, the Company provides Encompass software, an operating system that handles business and management functions involved in running a mortgage origination business, and serves as a gateway to the Ellie Mae Network. The Company also offers Encompass users a variety of additional services, including Encompass Closer, which automatically prepares the disclosure and closing documents necessary to fund a mortgage, CenterWise, a bundled offering of electronic document management and Websites used for customer relationship management, and Encompass Compliance Service, its compliance service powered by Mavent Holdings Inc. In August 2011, it acquired Del Mar Datatrac, Inc.

Since Morgan Keegan's founding 38 years ago, quality investment research has been a hallmark of the firm. Over the years, we have built our reputation by focusing on companies that have gone unnoticed by Wall Street. Today, our staff of senior equity analysts tracks more than 250 companies concentrated in ten industry sectors
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/25/2011 11:25 AM Buy
None
6.75 10.00
as of 12/30/2011
1 Week up  0.35 %
1 Month up  6.60 %
3 Months up  1.61 %
1 YTD down  -16.29 %

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