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Rating: N
Buy $95

Netsuite Inc (NYSE: N) reiterated to Buy with price target $95 by MKM Partners

Tuesday,  Jan 19, 2016  11:25 AM ET by Lynn Gilbert

MKM Partners reiterated Netsuite Inc (NYSE: N) to Buy with price target
$95. Previously, MKM Partners rated Netsuite Inc (NYSE: N) to Buy with price target $115 on 10/24/2014, when the stock price was valued at $103.32.

NetSuite Inc. provides an on-demand, integrated business management application suite that offers Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and e-commerce functionality to medium-sized businesses and divisions of large companies. It also offers customer support and professional services related to its suite. NetSuite delivers its suite over the Internet as a subscription service using the software-as-a-service (SaaS) model. As of December 31, 2008, the Company had approximately 6,600 customers. During the year ended December 31, 2008, the Company?s revenue generated outside of North America was 19%. On June 4, 2008, the Company acquired OpenAir, Inc.(OpenAir) a provider of on-demand professional services automation software.

MKM Partners LLC is an institutional equity trading and research firm. MKM Partners has extensive experience in the agency execution of U.S. and international equity orders. We provide clients with timely and unbiased economic, technical, and fundamental research.

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