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Zacks Investment Research upgraded ShoreTel Inc (NASDAQ:SHOR) to Hold in a report released today.

Zacks Investment Research has upgraded ShoreTel Inc(NASDAQ:SHOR) to Hold in a report released on 8/20/2016.

On 6/19/2015, Lake Street reported on ShoreTel Inc(NASDAQ:SHOR) bumped the target price from $0.00 to $10.00 that suggested an upside of 0.38%.

Yesterday ShoreTel Inc (NASDAQ:SHOR) traded 0.37% higher at $8.08. SHOR’s 50-day moving average is $7.97 and its two hundred day moving average is $7.16. The last stock price close is up 12.60% relative to the 200-day average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. Volume of trade was was up over the average, with 934,631 shares of SHOR changing hands over the typical 435,392 shares..

Recent Performance Chart:

ShoreTel Inc (NASDAQ:SHOR)

ShoreTel Inc has a one-year low of $5.83 and a one-year high of $10.56 and has a market cap of $0.0.

More About ShoreTel Inc (NASDAQ:SHOR)

Shoretel, Inc. (ShoreTel) is engaged in the design, development, marketing and sale of business communication solutions. The Company provides business communication solutions, including integrated voice, video, data and mobile applications based on Internet protocol (IP) technologies. It is focused on the small and medium sized businesses (less than 5, 000 users), with a Unified Communications platform. It provides ShoreTel solution through multiple deployment options, as well as a set of applications and services for both premise and hosted deployment models, consisting of ShoreTel IP Telephony, ShoreTel Unified Communications, ShoreTel Contact Center, ShoreTel Mobility, and professional services, including ShoreTel Global Services and application and development professional services. It offers services, including soft-switch services for ShoreTel IP Telephony, and as well as integrated software modules for business intelligence analytics and reporting.

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