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Standard Microsystems Corporation (SMSC) [hlAlert]

Rating:
Buy SMSC
down 1.57 %

Standard Microsystems Corporation (SMSC) rated Buy with price target $32 by Needham

Posted on: Wednesday,  Apr 11, 2012  8:25 AM ET by Needham

Needham rated Buy Standard Microsystems Corporation (NASDAQ: SMSC) on 04/11/2012. Previously Needham rated Buy Standard Microsystems Corporation (NASDAQ: SMSC) on 09/07/2007.,
when the stock price was $37.50. Since then, Standard Microsystems Corporation has lost 1.57% as of 07/27/2012's recent price of $36.91.
If you would have followed the previous Needham's recommendation on SMSC, you would have lost 1.57% of your investment in 1785 days.

Standard Microsystems Corporation is a worldwide supplier of metal-oxide-semiconductor/very-large-scale-integrated circuits for the personal computer and related industries. Their integrated circuits are developed and sold for applications in PC input/output, PC connectivity, Local Area Networking, PC systems logic, and embedded networking.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/11/2012 8:25 AM Buy
None
26.40 32.00
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  43.22 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/28/2011 8:25 AM Buy
None
18.70 34.00
6/28/2011 8:25 AM Buy
None
25.60 31.00
10/5/2009 8:25 AM Buy
None
20.94 29.00
12/12/2008 8:25 AM Buy
None
13.96 18.00
12/20/2007 9:25 AM Buy
None
38.86 46.00
9/7/2007 11:25 AM Buy
None
37.50 44.00

(*) Stock Price at the time of the recommendation.
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