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Enter Symbol:
 
Falconstor Software, Inc. (FALC) [hlAlert]

Rating:
Buy FALC
down 58.04 %

Falconstor Software, Inc. (FALC) rated Buy with price target $6 by Wunderlich

Posted on: Friday,  Jun 17, 2011  8:25 AM ET by Wunderlich

Wunderlich rated Buy Falconstor Software, Inc. (NASDAQ: FALC) on 06/17/2011, when the stock price was $3.98. Since
then, Falconstor Software, Inc. has lost 58.04% as of 01/21/2016's recent price of $1.67.
If you would have followed this Wunderlich's recommendation on FALC, you would have lost 58.04% of your investment in 1679 days.

FalconStor Software, Inc. (FalconStor) is a provider of disk-based data protection solutions. The Company delivers data protection solutions that facilitate the availability of business-critical data. The Company?s TOTALLY Open data protection solutions, built upon the IPStor virtualization platform, include the virtual tape library (VTL) with data deduplication for backup optimization, continuous data protector (CDP), network storage server (NSS) for storage virtualization and provisioning, and the File interface deduplication system (FDS) for capacity optimized storage solutions. During the year ended December 31, 2008, FalconStor had two customers EMC Corporation and Sun Microsystems, which accounted for 20% and 13%, respectively, of its total revenues. On July 1, 2008, the Company acquired certain assets of World Venture Limited (World Venture), a network storage software business based in Hong Kong.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/17/2011 8:25 AM Buy
None
3.98 6.00
as of 12/30/2011
1 Week down  -2.64 %
1 Month down  -9.15 %
3 Months down  -11.64 %
1 YTD down  -35.17 %

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