Free Stock Tips

The Beginning of Something Big

• WANdisco has launched its first fully tested and production-ready Big Data product – which is well ahead of schedule.
• We expect the company to announce a string of Big Data product news from now and the upcoming Strata 2013 Big Data conference, which is being held in Santa Clara, CA, on 26-28 February.
• We prefer to wait until there are some Big Data product sales before updating our FY13, but have taken this opportunity to adjust our DCF model given the significant progress made so far.
• Accordingly, our stance is speculative buy, with a target price of 823p.

Target price: 823p

Key data
Share Price: 810.00p
52 week high/low: 819.00p / 199.00p
Primary exchange: AIM
EPIC: WAND
Shares in issue: 21.33m
Market Cap: £172.77m
Sector: Technology