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

Rating:
Overweight
ELLI
up 997.18 %

ELLIE MAE INC (ELLI) rated Overweight with price target $10 by Barclays Capital

Posted on: Wednesday,  May 25, 2011  1:25 PM ET by Barclays Capital

Barclays Capital rated Overweight 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 Barclays Capital'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.

Barclays Capital has assembled a world-class, award-winning team of analysts covering, credit, commodities, economics, emerging markets, equities, fixed income, foreign exchange and market strategy. We provide in-depth analysis of companies and macro coverage across asset classes, markets and the world’s economies. We have a highly quantitative approach and our research is underpinned by sophisticated analytics. Combined, these provide clients with the tools and insights necessary for successful risk management and financing. Our research teams are based in many of the world’s major financial centres providing our clients with a globally integrated perspective across products and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/25/2011 1:25 PM 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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