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Nextest Systems Corporation (GSVC) [hlAlert]

Rating:
Buy GSVC
down 52.91 %

Nextest Systems Corporation (GSVC) rated Buy with price target $20 by Ascendiant Capital Markets

Posted on: Wednesday,  May 2, 2012  10:25 AM ET by Ascendiant Capital Markets

Ascendiant Capital Markets rated Buy Nextest Systems Corporation (NASDAQ: GSVC) on 05/02/2012, when the stock price was $18.90.
Since then, Nextest Systems Corporation has lost 52.91% as of 01/06/2016's recent price of $8.90.
If you would have followed this Ascendiant Capital Markets's recommendation on GSVC, you would have lost 52.91% of your investment in 1344 days.

Nextest Systems Corporation is a low-cost leader in the design and manufacture of automatic test equipment for Flash memory and System-On-Chip semiconductors. Nextest's products address the growing demand from manufacturers for ATE with increased throughput, functionality and reliability, while reducing time to market. Nextest designs and manufactures automatic test equipment for the high-volume, cost-sensitive semiconductor market. Nextest's products provide high throughput, flexibility and efficiencies that significantly reduce test cost for its customers.

Ascendiant Capital Markets is led by George Santana, who has nearly twenty years of equity research experience in the United States and foreign markets. During his career, Mr. Santana has been recognized six consecutive times in the Institutional Investor magazine poll of top analysts.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/2/2012 10:25 AM Buy
None
18.90 20.00
as of 12/31/2012
1 Week down  -2.54 %
1 Month up  5.37 %
3 Months down  -2.31 %
1 YTD down  -55.39 %

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