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Palomar Medical Technologies, Inc. (PMTI) [hlAlert]

Rating:
Buy PMTI
down 58.41 %

Palomar Medical Technologies, Inc. (PMTI) rated Buy with price target $11 by Needham

Posted on: Monday,  Jul 30, 2012  8:25 AM ET by Needham

Needham rated Buy Palomar Medical Technologies, Inc. (NASDAQ: PMTI) on 07/30/2012. Previously Needham rated Buy Palomar Medical Technologies, Inc. (NASDAQ: PMTI) on
07/27/2007., when the stock price was $32.25. Since then, Palomar Medical Technologies, Inc. has lost 58.42% as of 06/24/2015's recent price of $13.41.
If you would have followed the previous Needham's recommendation on PMTI, you would have lost 58.41% of your investment in 2889 days.

PALOMAR MEDICAL TECHNOLOGIES INC. designs, manufactures, and markets lasers, delivery systems and related disposable products for use in cosmetic and medical procedures. The company operates in two business segments: medical products and electronic products board components.

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
7/30/2012 8:25 AM Buy
None
8.55 11.00
as of 12/31/2012
1 Week up  3.02 %
1 Month up  1.54 %
3 Months down  -2.33 %
1 YTD down  -0.96 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/30/2012 8:25 AM Buy
None
8.55 11.00
5/2/2008 9:25 AM Buy
None
11.56 18.00
2/8/2008 9:25 AM Buy
None
12.81 21.00
10/26/2007 9:25 AM Buy
None
23.11 34.00
7/27/2007 9:25 AM Buy
None
32.25 45.00

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