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Enter Symbol:
 
Multi-fineline Electronix, Inc. (MFLX) [hlAlert]

Rating:
Buy MFLX
down 0.24 %

Multi-fineline Electronix, Inc. (MFLX) rated Buy with price target $22 by Needham

Posted on: Thursday,  Feb 7, 2013  2:25 PM ET by Needham

Needham rated Buy Multi-fineline Electronix, Inc. (NASDAQ: MFLX) on 02/07/2013, when the stock price was $16.35. Since
then, Multi-fineline Electronix, Inc. has lost 0.24% as of 09/30/2015's recent price of $16.31.
If you would have followed this Needham's recommendation on MFLX, you would have lost 0.24% of your investment in 965 days.

Multi-Fineline Electronix, Inc. (MFLEX) is a producer of flexible printed circuits and flexible circuit assemblies. The Company is engaged in the engineering, design and manufacture of flexible printed circuit boards along with related component assemblies. The Company targets its solutions within the electronics market. MFLEX focuses on applications, in which flexible printed circuits facilitate human interaction with an electronic device. Applications for its products include feature phones, smart phones, consumer electronic devices, portable bar code scanners, computer/storage devices and medical devices. The Company provides its solutions to original equipment manufacturers (OEM), which produce devices, such as feature phones and smart phones and to electronic manufacturing services (EMS) providers. In December 2008, the Company acquired Pelikon Limited, which develops printed segmented electroluminescent display and keypad technologies primarily for use in smart phones.

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
2/7/2013 2:25 PM Buy
None
16.35 22.00
as of 12/13/2013
1 Week down  -6.63 %
1 Month down  -0.15 %
3 Months down  -20.61 %
1 YTD down  -37.30 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/3/2012 8:25 AM Buy
None
27.98 32.00
5/4/2012 8:25 AM Buy
None
25.01 27.00
11/4/2011 8:25 AM Hold
None
19.62
7/8/2011 8:25 AM Buy
None
20.17 23.00
5/6/2011 8:25 AM Buy
None
23.10 28.00
5/7/2008 9:25 AM Buy
None
22.00 26.00
11/6/2007 9:25 AM Buy
None
18.20 20.00

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