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Analogic Corporation (ALOG) [hlAlert]

Rating:
Hold ALOG

Analogic Corporation (ALOG) downgraded to Hold with price target $66 by Needham

Posted on: Thursday,  Jun 7, 2012  8:25 AM ET by Needham

Needham rated Hold Analogic Corporation (NASDAQ: ALOG) on 06/07/2012. Previously Needham rated Buy Analogic Corporation
(NASDAQ: ALOG) on 03/07/2012., when the stock price was $59.08. Since then, Analogic Corporation has gained 3.61% of its value until Needham rated ALOG Buy on 06/07/2012, when the price was $61.21. .

Analogic Corporation conceives, designs, manufactures, and sells standard and customized high-precision data acquisition, signal and imaging processing based medical imaging and industrial systems and subsystems. Analogic's principal customers are original equipment manufacturers who incorporate Analogic's state-of-the-art products into systems used in medical, industrial and scientific applications.

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
9/14/2012 8:25 AM Buy
None
77.74 85.00
as of 12/31/2012
1 Week up  1.50 %
1 Month up  0.85 %
3 Months down  -4.79 %
1 YTD up  2.36 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/7/2012 8:25 AM Hold
None
61.21 66.00
3/7/2012 8:25 AM Buy
None
59.08 66.00
3/10/2010 9:25 AM Buy
None
46.97 50.00
12/10/2009 8:25 AM Hold
None
36.10
12/10/2008 9:25 AM Buy
None
29.42 45.00
9/26/2008 9:25 AM Buy
None
54.04 72.00
3/10/2008 9:25 AM Buy
None
62.01 70.00

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