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Enter Symbol:
BroadSoft Inc (BSFT) [hlAlert]

down 15.85 %

BROADSOFT INC. (BSFT) rated Buy with price target $42.50 by Brigantine

Posted on: Wednesday,  Dec 7, 2011  9:25 AM ET by Brigantine

Brigantine rated Buy BroadSoft Inc (NASDAQ: BSFT) on 12/07/2011, when the stock price was $37.39. Since
then, BroadSoft Inc has lost 15.86% as of 12/29/2015's recent price of $31.46.
If you would have followed this Brigantine's recommendation on BSFT, you would have lost 15.85% of your investment in 1483 days.

BroadSoft, Inc. is a global provider of software that enables fixed-line, mobile and cable service providers to deliver voice and multimedia services over their Internet protocol-based (IP-based), networks. The Company?s software, BroadWorks, enables its service provider customers to provide enterprises and consumers with a range of cloud-based, or hosted, IP multimedia communications, such as hosted IP private branch exchanges (PBXs), video calling, unified communications (UC), collaboration and converged mobile and fixed-line services. BroadWorks performs a critical network function by serving as the software element that delivers and coordinates voice, video and messaging communications through a service provider?s IP-based network. On October 27, 2010, the Company acquired all of the assets of Casabi, Inc. (Casabi). In October 2011, the Company acquired iLinc Communications, Inc.

Brigantine Advisors is an integrated research team with its first focus on the technology sector. The equity research analysts on our team began their careers in industry with most spending an average of 7 years in their respective sectors. In addition, each analyst has spent over 10 plus years on Wall Street and collectively they have over 100 years of experience. We provide our investment clients timely analysis of market trends by identifying major technology shifts. Within the macro environment, we identify profitable investment opportunities with a focus on both the financial and technical capabilities of the companies we analyze.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/7/2011 9:25 AM Buy
37.39 42.50
as of 12/30/2011
1 Week down  -7.47 %
1 Month down  -19.22 %
3 Months   
1 YTD down  -19.22 %

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