GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
SUMMER INFANT INC (SUMR) [hlAlert]

Rating:
Strong Buy
SUMR
down 33.73 %

SUMMER INFANT INC (SUMR) rated Strong Buy with price target $4 by Needham

Posted on: Wednesday,  Mar 13, 2013  8:25 AM ET by Needham

Needham rated Strong Buy SUMMER INFANT INC (NASDAQ: SUMR) on 03/13/2013. Previously Needham rated Strong Buy SUMMER INFANT INC (NASDAQ: SUMR) on
12/19/2008., when the stock price was $2.49. Since then, SUMMER INFANT INC has lost 33.73% as of 08/27/2015's recent price of $1.65.
If you would have followed the previous Needham's recommendation on SUMR, you would have lost 33.73% of your investment in 2442 days.

Summer Infant, Inc. is a designer, marketer, and distributor of branded juvenile health, safety and wellness products, which are sold principally to large North American and United Kingdom retailers. The Company has more than 80 products in various product categories, including nursery audio/video monitors, safety gates, durable bath products, bed rails, related health and safety products, booster and potty seats, bouncers and a product line of soft goods/bedding. Its products are sold primarily to United States retailers including Babies R Us, Target, KMart, Buy Buy Baby, Meijer, Baby Depot (Burlington Coat Factory) and Wal-Mart. The Company maintains through Summer Infant Europe, Limited (SIE) a sales, marketing and distribution office in England, which services the United Kingdom and other parts of Europe. On July 17, 2009, Summer Infant, Inc. completed the acquisition of Butterfly Living (Butterfly), a manufacturer of infant cribs headquartered in Pennsylvania.

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
3/13/2013 8:25 AM Buy
None
2.51 4.00
as of 12/13/2013
1 Week down  -3.28 %
1 Month down  -28.22 %
3 Months down  -32.45 %
1 YTD up  18.39 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/28/2012 3:25 PM Buy
None
1.89 4.00
12/19/2008 9:25 AM Buy
None
2.49 7.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy