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Enter Symbol:
Sypris Solutions, Inc. (SYPR) [hlAlert]

down 46.74 %

Sypris Solutions, Inc. (SYPR) downgraded to Hold by Needham

Posted on: Wednesday,  Apr 1, 2015  8:25 AM ET by Needham

Needham rated Hold Sypris Solutions, Inc. (NASDAQ: SYPR) on 04/01/2015. Previously Needham rated Buy Sypris Solutions, Inc. (NASDAQ: SYPR) on 08/06/2014.,
when the stock price was $4.15. Since then, Sypris Solutions, Inc. has lost 46.75% as of 04/01/2015's recent price of $2.21.
If you would have followed the previous Needham's recommendation on SYPR, you would have lost 46.74% of your investment in 238 days.

Sypris Solutions, Inc. (SYPR) is a provider of outsourced services and specialty products. It performs a range of manufacturing, engineering, design, testing and other technical services, under multi-year, sole-source contracts with corporations and government agencies in the markets for aerospace and defense electronics, and truck components and assemblies. SYPR is organized into two business groups: the Industrial Group and the Electronics Group. The Industrial Group is comprised of Sypris Technologies, Inc. and its subsidiaries, which generates revenue primarily from the sale of manufacturing services to customers in the market for truck components and assemblies and from the sale of products to the energy and chemical markets. The Aerospace and Defense reportable segment is comprised of Sypris Data Systems, Inc. and Sypris Electronics, LLC. In October 2009, Tektronix, Inc. completed the acquisition of the Test & Measurement business from the Company.

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
4/1/2015 8:25 AM Hold
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD down  -46.74 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/6/2014 12:00 AM Buy
4.15 6.00
3/12/2013 2:25 PM Hold
7/31/2008 9:25 AM Buy
3.67 6.00

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