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Hardinge, Inc. (HDNG) [hlAlert]

Rating:
Buy HDNG
down 32.39 %

Hardinge, Inc. (HDNG) rated Buy with price target $17 by Ascendiant Capital Markets

Posted on: Friday,  Jun 14, 2013  10:25 AM ET by Ascendiant Capital Markets

Ascendiant Capital Markets rated Buy Hardinge, Inc. (NASDAQ: HDNG) on 06/14/2013, when the stock price was $14.26. Since
then, Hardinge, Inc. has lost 32.40% as of 08/27/2015's recent price of $9.64.
If you would have followed this Ascendiant Capital Markets's recommendation on HDNG, you would have lost 32.39% of your investment in 804 days.

Hardinge Inc., is an international leader in providing the latest industrial technology to companies requiring material cutting solutions. Hardinge is the leader in providing a wide range of highly reliable turning, milling, grinding & workholding solutions. The Company designs and manufactures computer-numerically controlled metal-cutting lathes, machining centers, grinding machines, collets, chucks, indexing fixtures, & other industrial products. The company never compromise on product design, so customers can count on Hardinge to help them make the right part to the required specification, every time. The breadth and depth of our product solutions are unmatched in the industry, enabling us to support a variety of market applications, including aerospace, automotive, medical, energy, construction, agriculture, mold, tool and die, and more. The Company has manufacturing operations in the United States, Switzerland, Taiwan and China and distributes machines in all major industrialized countries of the world.

Ascendiant Capital Markets is led by George Santana, who has nearly twenty years of equity research experience in the United States and foreign markets. During his career, Mr. Santana has been recognized six consecutive times in the Institutional Investor magazine poll of top analysts.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/14/2013 10:25 AM Buy
None
14.26 17.00
as of 12/13/2013
1 Week down  -0.60 %
1 Month up  1.09 %
3 Months up  1.15 %
1 YTD up  3.99 %

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