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Enter Symbol:
 
ABOVENET INC (ABVT) [hlAlert]

Rating:
Sell ABVT

ABOVENET INC (ABVT) rated Sell by Dougherty & Company

Posted on: Monday,  Mar 19, 2012  11:25 AM ET by Dougherty & Company

Dougherty & Company rated Sell ABOVENET INC (NYSE: ABVT) on 03/19/2012, when the stock price was $84.00.
Since then, ABOVENET INC has gained 0.00% as of 06/29/2012's recent price of $84.00.
If you would have followed this Dougherty & Company 's recommendation on ABVT, you would have gained 0% of your investment in 102 days.

AboveNet, Inc. (AboveNet) provides high bandwidth connectivity solutions primarily to corporate enterprise clients and communication carriers in the United States and the United Kingdom. The Company?s communications infrastructure and global Internet protocol (IP) network are used by a range of companies, such as commercial banks, brokerage houses, insurance companies, investment banks, media companies, social networking companies, Web-centric companies, law firms and medical and health care institutions. The Company provides lit broadband services over its metro networks, long haul network and global IP network utilizing equipment that it owns and operates. In addition, it also provides dark fiber services to customers.

Team The research group is composed of five senior analysts and two associate analysts. The senior analysts collectively have 44 years of securities industry experience, and include 3 MBA's, 2 CPA's, 2 PE's (professional engineer), a CFA and a CMA. The team has come together out of a passion for overlooked or misunderstood investment opportunities – generally in smaller-cap companies – and a love of in-depth research, with special emphasis on independent information sources and innovative thinking. Coverage Our research coverage is idea driven and balances the twin demands of opportunism for flexibility and universe consistency for maximization of information sources. Current sub-sectors of interest include: * Specialty retail * Internet security * Internet media * Auto-identification and data capture (AIDC & RFID) * Mobile computing * Specialty manufacturing * Chronic care management * Outpatient services * Medical devices * Healthcare IT
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/19/2012 11:25 AM Sell
None
84.00
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD   

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