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Enter Symbol:
 
Vitesse Semi (VTSS) [hlAlert]

Rating:
Buy VTSS
up 152.15 %

Vitesse Semi (VTSS) rated Buy with price target $3.50 by Needham

Posted on: Wednesday,  Dec 19, 2012  8:25 AM ET by Needham

Needham rated Buy Vitesse Semi (NASDAQ: VTSS) on 12/19/2012, when the stock price was $2.09. Since
then, Vitesse Semi has gained 152.15% as of 04/27/2016's recent price of $5.27.
If you would have followed this Needham's recommendation on VTSS, you would have gained 152.15% of your investment in 1225 days.

Vitesse Semiconductor is a supplier of high-performance integrated circuits targeted at systems manufacturers in the communications and automatic test equipment markets. The company's major customers include Cisco, Fujitsu, IBM, LTX, Lucent, Schlumberger, Seagate, Tellabs and Sun Microsystems.

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
12/19/2012 8:25 AM Buy
None
2.09 3.50
as of 12/31/2012
1 Week down  -1.32 %
1 Month up  6.69 %
3 Months   
1 YTD up  6.69 %

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