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Enter Symbol:
 
The Spectranetics Corporation (SPNC) [hlAlert]

Rating:
Buy SPNC
down 43.52 %

The Spectranetics Corporation (SPNC) rated Buy with price target $35 by Needham

Posted on: Friday,  Mar 21, 2014  8:25 AM ET by Needham

Needham rated Buy The Spectranetics Corporation (NASDAQ: SPNC) on 03/21/2014, when the stock price was $29.80. Since
then, The Spectranetics Corporation has lost 43.52% as of 01/13/2016's recent price of $16.83.
If you would have followed this Needham's recommendation on SPNC, you would have lost 43.52% of your investment in 663 days.

Spectranetics Corp. is a medical device company engaged in the development, manufacturing, marketing and distribution of its technology for interventional cardiovascular therapy. The Company's CVX-300 excimer laser system is the only excimer laser system approved by the FDA for multiple cardiovascular procedures. The technology has been designed for use in multiple cardiovascular applications, including coronary angioplasty and the removal of pacemaker and ICD leads. (press release)

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
3/21/2014 8:25 AM Buy
None
29.80 35.00
as of 10/17/2014
1 Week up  2.97 %
1 Month down  -4.23 %
3 Months up  9.34 %
1 YTD down  -10.43 %

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