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Enter Symbol:
 
Altera Corporation (ALTR) [hlAlert]

Rating:
Mkt Outperform
ALTR
up 56.38 %

Altera Corporation (ALTR) rated Mkt Outperform with price target $41 by JMP Securities

Posted on: Thursday,  Dec 12, 2013  8:25 AM ET by JMP Securities

JMP Securities rated Mkt Outperform Altera Corporation (NASDAQ: ALTR) on 12/12/2013, when the stock price was $31.09.
Since then, Altera Corporation has gained 56.38% as of 08/27/2015's recent price of $48.62.
If you would have followed this JMP Securities's recommendation on ALTR, you would have gained 56.38% of your investment in 623 days.

Altera Corporation designs, manufactures, and markets a broad range of high-performance, high-density programmable logic devices and associated development tools, focusing on ease of use, lower risk, and fast time-to-market. Altera's solution to customer needs includes a combination of silicon and software products. The company sells the widest range of product families, allowing customers to find the density, speed, and package type to meet almost any need.

MP Securities' equity research department provides institutional clients with comprehensive industry knowledge, unique insight and actionable information. JMP's senior research analysts are charged with developing proprietary investment themes, anticipating secular and cyclical changes and producing action-oriented reports. JMP follows companies in six industries that exhibit above-average long-term growth characteristics — Technology, Healthcare, Consumer, Real Estate, Financial Services and Business Services — and produces specialized equity research that enables investors to understand and invest in complicated growth stocks profitably.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/12/2013 8:25 AM Buy
None
31.09 41.00
as of 12/13/2013
1 Week down  -0.83 %
1 Month   
3 Months   
1 YTD down  -0.83 %

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