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Enter Symbol:
Rating: ITRN
Buy $11
up 33.00 %

Oscar Gruss reiterated Ituran Location And Control Ltd. (NASDAQ: ITRN) to Buy with price target $11

Wednesday,  Aug 12, 2009  3:25 PM ET by Kristen Bailey

Here is more proof that the Oscar Gruss rating can guide you in smart investing. Oscar Gruss reiterated Ituran Location And Control Ltd. (NASDAQ: ITRN) to Buy with price target
$11 with today's price of $8.95. Oscar Gruss rated Ituran Location And Control Ltd. (NASDAQ: ITRN) to Buy with price target $10 on 11/25/2008, when the price was $6.71. Ituran Location And Control Ltd.'s stock price gained 33% since then.
By following the previous Oscar Gruss's recommendation on ITRN, you would have gained 33% in 260 days.

Ituran Location and Control Ltd. (Ituran) is mainly engaged in the area of location-based services, consisting of stolen vehicle recovery and tracking services. The Company operates in two segments: location-based services and wireless communication products. The Company provides its services and sells its products in Israel, Brazil, Argentina and the United States. Mapa Mapping and Publishing Ltd. and Mapa Internet Ltd. (Mapa) are the Subsidiaries of the Company. Mapa provides geographic information (GIS) in Israel and is the owner of geographic information database for navigation in Israel.

Oscar Gruss & Son Inc. is a full service investment and merchant bank. It provides financial advisory services such as mergers and acquisitions, re-capitalization, strategic partnerships and joint venture assignments, fairness opinions, and valuations. Its corporate finance services include public offerings, and placements of equity and debt for public and private companies. It also provides equity research analysis focusing on healthcare, including biotechnology, medical devices, genomics, and other medical technologies; and communications technology, such as telecommunications equipment, and other areas.



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