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Enter Symbol:
 
Spartan Motors, Inc. (SPAR) [hlAlert]

Rating:
Buy SPAR
down 9.41 %

Spartan Motors, Inc. (SPAR) upgraded to Buy with price target $6.50 by Dougherty & Company

Posted on: Wednesday,  May 2, 2012  1:25 PM ET by Dougherty & Company

Dougherty & Company rated Buy Spartan Motors, Inc. (NASDAQ: SPAR) on 05/02/2012, when the stock price was $4.78.
Since then, Spartan Motors, Inc. has lost 9.41% as of 11/06/2015's recent price of $4.33.
If you would have followed this Dougherty & Company 's recommendation on SPAR, you would have lost 9.41% of your investment in 1283 days.

Spartan is a leading designer, engineer and manufacturer of customheavy-duty chassis. The Company's chassis consist of a frame assembly,engine, transmission, electrical systems, running gear (wheels, tires,axles, suspension and brakes) and, for some applications, a cab. TheCompany's customers are original equipment manufacturers (``OEMs``) whocomplete their vehicle product by mounting the body or apparatus on aSpartan chassis.

Team The research group is composed of five senior analysts and two associate analysts. The senior analysts collectively have 44 years of securities industry experience, and include 3 MBA's, 2 CPA's, 2 PE's (professional engineer), a CFA and a CMA. The team has come together out of a passion for overlooked or misunderstood investment opportunities – generally in smaller-cap companies – and a love of in-depth research, with special emphasis on independent information sources and innovative thinking. Coverage Our research coverage is idea driven and balances the twin demands of opportunism for flexibility and universe consistency for maximization of information sources. Current sub-sectors of interest include: * Specialty retail * Internet security * Internet media * Auto-identification and data capture (AIDC & RFID) * Mobile computing * Specialty manufacturing * Chronic care management * Outpatient services * Medical devices * Healthcare IT
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/2/2012 1:25 PM Buy
None
4.78 6.50
as of 12/31/2012
1 Week down  -3.52 %
1 Month down  -0.20 %
3 Months down  -1.60 %
1 YTD up  2.92 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/16/2011 1:33 PM Hold
None
6.86 7.00
6/11/2010 2:25 PM Buy
None
5.14 6.00
7/1/2009 10:25 AM Hold
None
8.31 6.50
10/2/2008 9:25 AM Buy
None
2.97 5.00
2/15/2008 10:25 AM Buy
None
8.59 10.00
7/27/2007 9:25 AM Buy
None
12.87 20.00

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