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SPREADTRUM COMMUNICA (SPRD) [hlAlert]

Rating:
Hold SPRD
up 116.53 %

SPREADTRUM COMMUNICA (SPRD) downgraded to Hold by Needham

Posted on: Friday,  Jul 12, 2013  8:25 AM ET by Needham

Needham rated Hold SPREADTRUM COMMUNICA (NASDAQ: SPRD) on 07/12/2013. Previously Needham rated Buy SPREADTRUM COMMUNICA (NASDAQ: SPRD) on 03/01/2012., when
the stock price was $13.91. Since then, SPREADTRUM COMMUNICA has gained 116.53% as of 07/12/2013's recent price of $30.12.
If you would have followed the previous Needham's recommendation on SPRD, you would have gained 116.53% of your investment in 498 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.

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
7/12/2013 8:25 AM Hold
None
30.12
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  70.94 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/1/2012 8:25 AM Buy
None
13.91
11/11/2011 8:25 AM Buy
None
26.78 32.00
8/10/2011 8:25 AM Buy
None
15.09
11/17/2009 2:25 PM Sell
None
5.10
5/16/2008 9:25 AM Buy
None
7.60 11.00
11/1/2007 9:25 AM Buy
None
15.22 16.00
8/6/2007 9:25 AM Buy
None
11.31 15.00

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