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Ikanos Communications, Inc. (IKAN) [hlAlert]

Rating:
Buy IKAN
down 1.44 %

Ikanos Communications, Inc. (IKAN) rated Buy with price target $5 by Needham

Posted on: Tuesday,  May 5, 2015  8:25 AM ET by Needham

Needham rated Buy Ikanos Communications, Inc. (NASDAQ: IKAN) on 05/05/2015, when the stock price was $2.76. Since
then, Ikanos Communications, Inc. has lost 1.45% as of 08/27/2015's recent price of $2.72.
If you would have followed this Needham's recommendation on IKAN, you would have lost 1.44% of your investment in 114 days.

Ikanos Communications develops and provides chipsets that enable carriers to offer Fiber Fast broadband services at transmission rates. Ikanos' silicon solutions enable OEM equipment vendors to serve varying customers while accelerating time to market and reducing costs.

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
5/5/2015 8:25 AM Buy
None
2.76 5.00
as of 8/27/2015
1 Week up  0.74 %
1 Month up  36.00 %
3 Months up  20.35 %
1 YTD down  -77.33 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/18/2013 8:25 AM Buy
None
12.80 17.00
4/26/2013 8:25 AM Hold
None
16.20
2/4/2009 9:25 AM Buy
None
14.00 22.00
1/23/2009 10:25 AM Buy
None
11.60 23.00
10/26/2007 9:25 AM Buy
None
65.00 100.00

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