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Enter Symbol:
 
Newport Corporation (NEWP) [hlAlert]

Rating:
Buy NEWP
down 6.06 %

Newport Corporation (NEWP) rated Buy with price target $20 by Needham

Posted on: Tuesday,  Jul 21, 2015  8:25 AM ET by Needham

Needham rated Buy Newport Corporation (NASDAQ: NEWP) on 07/21/2015, when the stock price was $16.00. Since
then, Newport Corporation has lost 6.06% as of 01/11/2016's recent price of $15.03.
If you would have followed this Needham's recommendation on NEWP, you would have lost 6.06% of your investment in 174 days.

Newport Corp. is a global supplier of high-precision test, measurement and automation systems and subsystems that enable manufacturers of fiber optic components, semiconductor capital equipment, industrial metrology, aerospace and high-precision products to automate their manufacturing processes, enhance product performance, and improve manufacturing efficiencies and yields. Manufacturers of high-precision products increasingly require third party expertise to develop, engineer and build automated systems and subsystems to produce, assemble and test 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
7/21/2015 8:25 AM Buy
None
16.00 20.00
as of 8/27/2015
1 Week down  -4.57 %
1 Month down  -24.12 %
3 Months down  -23.27 %
1 YTD down  -6.06 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/10/2015 9:25 AM Buy
None
20.25 23.00
1/16/2014 9:25 AM Buy
None
18.89 22.00
5/2/2013 8:25 AM Hold
None
12.99
2/6/2013 10:25 AM Buy
None
14.54 16.00
4/28/2011 8:25 AM Buy
None
19.37 24.00
9/22/2009 9:25 AM Buy
None
9.00 11.00
7/26/2007 9:25 AM Hold
None
12.00

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