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Enter Symbol:
Spansion Inc. (CODE) [hlAlert]

up 266.12 %

Spansion Inc. (CODE) rated Outperform by Wells Fargo

Posted on: Wednesday,  Sep 4, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Spansion Inc. (NYSE: CODE) on 09/04/2013, when the stock price was $10.54. Since
then, Spansion Inc. has gained 266.13% as of 03/12/2015's recent price of $38.59.
If you would have followed this Wells Fargo's recommendation on CODE, you would have gained 266.12% of your investment in 554 days.

Spansion Inc., a semiconductor device company, engages in designing, developing, manufacturing, marketing, and selling NOR flash memory solutions worldwide. The company?s products are designed primarily to store microprocessor instructions or code and data in embedded applications; and execution is based on NOR Flash memory architecture and utilize traditional floating gate technology or MirrorBit technology. Its flash memory products are used in a range of applications, including automotive electronics, such as navigation systems and engine control; PC and peripheral computing equipment comprising printers; consumer equipment, such as set top boxes and home networking; communication equipment that consists of enterprise networking and cellular infrastructure; arcade gaming equipment; industrial control equipment; and mobile phones. Spansion markets and sells its products directly or through third-party distributors to original equipment manufacturers, original design manufacturers, and contract manufacturers. The company is headquartered in Sunnyvale, California.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/4/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -0.39 %
1 Month up  3.53 %
3 Months up  21.54 %
1 YTD up  19.35 %

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