Sep 11th 2012 - Edison Investment Research today published a report on Endace (EDA.L, LSE:EDA, LON:EDA) entitled "Laying Foundations". In summary, the report says:
While continued tough market conditions prompt us to bring our previously top-of-the-range numbers back, Endace continues to lay a platform for more aggressive expansion. The benefits of this investment should start to come through in H2 and beyond. The market may wait for more tangible growth indicators, but we feel the company remains well placed and the rating is now undemanding given the potential.
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