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Enter Symbol:
 
Medifast Inc (MED) [hlAlert]

Rating:
Buy MED
up 61.02 %

Medifast Inc (MED) rated Buy with price target $27 by Auriga

Posted on: Wednesday,  Sep 28, 2011  8:25 AM ET by Auriga

Auriga rated Buy Medifast Inc (NYSE: MED) on 09/28/2011, when the stock price was $17.32. Since
then, Medifast Inc has gained 61.03% as of 01/11/2016's recent price of $27.89.
If you would have followed this Auriga's recommendation on MED, you would have gained 61.02% of your investment in 1566 days.

Medifast, Inc. (Medifast) is engaged in the production, distribution, and sale of weight management and disease management products and other consumable health and diet products. The Company?s product lines include weight and disease management, meal replacement, and vitamins primarily manufactured in its modern, the United States Food and Drug Administration (FDA) approved facility in Owings Mills, Maryland. The Company?s operations are primarily conducted through five of its wholly owned subsidiaries, Jason Pharmaceuticals, Inc. (Jason), Take Shape for Life, Inc. (TSF), Jason Enterprises, Inc., Jason Properties, LLC and Seven Crondall, LLC. The Company offers a variety of weight and disease management products under the Medifast brand and for select private label customers. It's distribution channels include Medifast Direct, Take Shape for Life, Medifast Weight Control Centers and Medifast Physicians.

Auriga operates full-service institutional equity and fixed income trading desks with state-of-the-art communications technology and trading systems. Through our U.S. corprate parent, Auriga Holdings, LLC we offer a variety of services including whole loan trading and asset management. Through our Spanish parent company, Auriga Securities Sociedad de Valores, S.A., we offer the ability to trade European equity and fixed income products. We connect electronically to buy-side firms; route orders to multiple points of execution and subsequently route to our clearing firm, Pershing, for settlement.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/28/2011 8:25 AM Buy
None
17.32 27.00
as of 12/30/2011
1 Week down  -8.41 %
1 Month down  -1.36 %
3 Months down  -15.04 %
1 YTD down  -20.78 %

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