Adtran, Inc. (ADTN) rated Overweight with price target $35 by Barclays Capital
Barclays Capital rated Overweight Adtran, Inc. (NASDAQ: ADTN) on 03/16/2012. Previously Barclays Capital rated Overweight Adtran, Inc. (NASDAQ: ADTN) on 05/25/2010.,
when the stock price was $26.79. Since then, Adtran, Inc. has lost 16.27% as of 07/18/2014's recent price of $22.43. If you would have followed the previous Barclays Capital's recommendation on ADTN, you would have lost 16.27% of your investment in 1515 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.
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