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NeoPhotonics Corp (NPTN) [hlAlert]

up 42.85 %

NeoPhotonics Corp (NPTN) rated Buy with price target $12 by Needham

Posted on: Wednesday,  Jun 17, 2015  8:25 AM ET by Needham

Needham rated Buy NeoPhotonics Corp (NYSE: NPTN) on 06/17/2015. Previously Needham rated Buy NeoPhotonics Corp (NYSE: NPTN) on 07/13/2012., when
the stock price was $4.97. Since then, NeoPhotonics Corp has gained 42.86% as of 01/22/2016's recent price of $7.10.
If you would have followed the previous Needham's recommendation on NPTN, you would have gained 42.85% of your investment in 1288 days.

NeoPhotonics Corporation is a designer and manufacturer of photonic integrated circuit (PIC)-based modules and subsystems for bandwidth-intensive, high-speed communications networks. The Company has a portfolio of over 300 products, including products that enable data transmission at 10 gigabytes per second, 40 gigabytes per second and 100 gigabytes per second, agility products, such as reconfigurable optical add/drop multiplexers (ROADMs) that allocate bandwidth to adjust for volatile traffic patterns, and access products that provide high-bandwidth connections to more devices and people over fixed and wireless networks. In October 2011, the Company acquired Santur Corporation.

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
6/17/2015 8:25 AM Buy
11.16 12.00
as of 8/27/2015
1 Week up  8.89 %
1 Month down  -27.77 %
3 Months up  4.56 %
1 YTD up  0.56 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/15/2013 8:25 AM Buy
5.81 10.00
4/19/2013 8:25 AM Buy
5.08 7.50
7/13/2012 8:25 AM Buy

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