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Lannett Co Inc (LCI) [hlAlert]

Rating:
Buy LCI
up 295.57 %

Lannett Co Inc (LCI) rated Buy with price target $15 by Needham

Posted on: Thursday,  May 23, 2013  8:25 AM ET by Needham

Needham rated Buy Lannett Co Inc (NYSE: LCI) on 05/23/2013, when the stock price was $12.65. Since
then, Lannett Co Inc has gained 295.57% as of 01/21/2016's recent price of $50.04.
If you would have followed this Needham's recommendation on LCI, you would have gained 295.57% of your investment in 973 days.

Lannett Company, Inc. (Lannett) develops, manufactures, markets and distributes generic versions of pharmaceutical products. The Company sells its pharmaceutical products to generic pharmaceutical distributors, drug wholesalers, chain drug retailers, private label distributors, mail-order pharmacies, other pharmaceutical manufacturers, managed care organizations, hospital buying groups, governmental entities and health maintenance organizations. As of June 30, 2009, the Company had two facilities in Philadelphia, Pennsylvania. Its wholly owned subsidiaries include Lannett Holdings, Inc. and Cody Laboratories, Inc.

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
5/23/2013 8:25 AM Buy
None
12.65 15.00
as of 12/13/2013
1 Week down  -12.81 %
1 Month up  0.28 %
3 Months up  57.27 %
1 YTD up  122.05 %

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