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Ariba, Inc. (ARBA) [hlAlert]

Rating:
Buy ARBA
up 99.55 %

Ariba, Inc. (ARBA) rated Buy with price target $40 by Longbow

Posted on: Wednesday,  Dec 14, 2011  9:25 AM ET by Longbow

Longbow rated Buy Ariba, Inc. (NASDAQ: ARBA) on 12/14/2011. Previously Longbow rated Buy Ariba, Inc. (NASDAQ: ARBA) on 12/08/2010., when
the stock price was $22.45. Since then, Ariba, Inc. has gained 99.55% as of 09/28/2012's recent price of $44.80.
If you would have followed the previous Longbow's recommendation on ARBA, you would have gained 99.55% of your investment in 660 days.

Ariba Inc. is a leading provider of intranet- and Internet-based business-to-business electronic commerce solutions for operating resources. Operating resources are the goods and services required to operate a company, such as information technology and telecommunications equipment, professional services, MRO (Maintenance, Repair and Operations) supplies, facilities and office equipment, and expense items.

Longbow Research is an independent institutional equity research firm based in Cleveland, OH. We provide bottom up fundamental research to over 200 institutional accounts throughout the U.S. and Canada. Our coverage list consists primarily of mid-cap NYSE-listed names, although we also cover a substantial list of small and large cap companies. Our sector focus is on basic materials, industrial, consumer, technology, health care and consumer/business services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/14/2011 9:25 AM Buy
None
33.77 40.00
as of 12/30/2011
1 Week down  -5.45 %
1 Month down  -7.47 %
3 Months up  1.33 %
1 YTD up  19.54 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/14/2011 8:25 AM Buy
None
30.88 35.00
12/8/2010 9:25 AM Buy
None
22.45 30.00
3/18/2010 9:25 AM Hold
None
13.13

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