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Silicom Ltd (SILC) [hlAlert]

Rating:
Buy SILC
down 40.98 %

Silicom Ltd (SILC) rated Buy with price target $60 by Needham

Posted on: Friday,  Jan 30, 2015  8:25 AM ET by Needham

Needham rated Buy Silicom Ltd (NASDAQ: SILC) on 01/30/2015. Previously Needham rated Buy Silicom Ltd (NASDAQ: SILC) on 01/13/2014., when
the stock price was $46.75. Since then, Silicom Ltd has lost 40.98% as of 08/27/2015's recent price of $27.59.
If you would have followed the previous Needham's recommendation on SILC, you would have lost 40.98% of your investment in 591 days.

Silicom Ltd. (Silicom) is engaged in the design, manufacture, marketing and support of connectivity solutions for a broad range of servers and server based systems. Its first products were integrated circuits for information technology (IT) manufacturers. The Company is active in the product line of high-end Server networking cards with and without bypass (server adapters). These are products, for which the Company leverages its expertise in networking and operating systems and facilitating improved connectivity for servers by increasing the number of ports on the server adapters and by adding bypass and other special functionality for security appliances, wide area network (WAN) optimization appliances and other network appliances. The Company has a product line of legacy products, including connectivity solutions for portable personal computers (PCs) and broadband Internet access products.

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
1/30/2015 8:25 AM Buy
None
45.01 60.00
as of 8/27/2015
1 Week up  2.37 %
1 Month down  -29.76 %
3 Months down  -23.95 %
1 YTD down  -38.70 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/13/2014 9:25 AM Buy
None
46.75

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