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SPREADTRUM COMMUNICA (SPRD) upgraded to Overweight with price target $23 by HSBC Securities

Posted on: Monday,  Mar 4, 2013  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight SPREADTRUM COMMUNICA (NASDAQ: SPRD) on 03/04/2013, when the stock price was $17.52. Since
then, SPREADTRUM COMMUNICA has gained 76.54% as of 12/23/2014's recent price of $30.93.
If you would have followed this HSBC Securities's recommendation on SPRD, you would have gained 76.54% of your investment in 659 days.

Spreadtrum is a fabless semiconductor company that designs, develops and markets baseband processor solutions for the wireless communications market. Spreadtrum combines its semiconductor expertise with its software development capabilities to deliver highly-integrated baseband processors with multimedia functionality and power management.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/4/2013 8:25 AM Buy
17.52 23.00
as of 12/13/2013
1 Week up  0.68 %
1 Month up  0.62 %
3 Months up  1.78 %
1 YTD up  75.97 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/20/2009 8:25 AM Hold

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