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Enter Symbol:
Adtran, Inc. (ADTN) [hlAlert]

up 15.45 %

Adtran, Inc. (ADTN) rated Buy with price target $36 by Needham

Posted on: Thursday,  Oct 13, 2011  8:25 AM ET by Needham

Needham rated Buy Adtran, Inc. (NASDAQ: ADTN) on 10/13/2011, when the stock price was $29.12. Since then, Adtran, Inc.
has gained 15.45% of its value until Needham rated ADTN Hold on 01/19/2012, when the price was $33.62.
If you would have followed this Needham's recommendation on ADTN, you would have gained 15.45% of your investment in 98 days.

Adtran Inc. is a leading global provider of networking & communications equipment, with an eighteen year history of profitability & a portfolio of more than one thousand four hundred solutions for use in the last mile of today's telecommunications networks. Widely deployed by both carriers & small & midsize businesses, Adtran solutions enable voice, data, video, and Internet communications across copper, fiber, & wireless network infrastructures. ADTRAN solutions are currently in use by every major U.S. service provider & many global ones, as well as by thousands of public, private and governmental organizations worldwide. It's product portfolio consists of different high-speed network access devices. In both service provider & enterprise networks, these products are used primarily in the last mile, or local loop, of the network, & in local area networks on the customer premises. The last mile is that segment of the network that connects end-user subscribers to a service provider?s closest facility.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/21/2016 8:25 AM Buy
18.18 21.00
as of 12/30/2011
1 Week down  -1.40 %
1 Month down  -8.68 %
3 Months up  13.98 %
1 YTD down  -16.70 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/22/2015 3:25 PM Buy
22.78 25.00
10/6/2014 8:25 AM Buy
19.08 23.00
1/19/2012 8:25 AM Hold
10/13/2011 8:25 AM Buy
29.12 36.00
7/14/2011 8:25 AM Buy
36.47 44.00
1/13/2009 1:25 PM Buy
15.68 19.00
5/5/2008 9:25 AM Buy
23.33 30.00

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