, Tracking Stock Market Picks
Enter Symbol:
Spansion Inc. (CODE) [hlAlert]

up 176.43 %

Spansion Inc. (CODE) rated Buy with price target $22 by Needham

Posted on: Wednesday,  Feb 5, 2014  9:25 AM ET by Needham

Needham rated Buy Spansion Inc. (NYSE: CODE) on 02/05/2014. Previously Needham rated Buy Spansion Inc. (NYSE: CODE) on 09/14/2011., when
the stock price was $13.96. Since then, Spansion Inc. has gained 176.43% as of 03/12/2015's recent price of $38.59.
If you would have followed the previous Needham's recommendation on CODE, you would have gained 176.43% of your investment in 1275 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.

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
2/5/2014 9:25 AM Buy
15.02 22.00
as of 10/17/2014
1 Week down  -4.82 %
1 Month down  -28.99 %
3 Months down  -27.43 %
1 YTD up  16.34 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/3/2011 9:25 AM Buy
11.60 16.00
9/14/2011 11:25 AM Buy
13.96 18.00

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