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Atmel Corporation (ATML) [hlAlert]

Rating:
Hold ATML
up 12.17 %

Atmel Corporation (ATML) downgraded to Hold by Needham

Posted on: Tuesday,  Sep 22, 2015  8:25 AM ET by Needham

Needham rated Hold Atmel Corporation (NASDAQ: ATML) on 09/22/2015. Previously Needham rated Buy Atmel Corporation (NASDAQ: ATML) on 02/19/2013., when
the stock price was $7.23. Since then, Atmel Corporation has gained 12.17% as of 09/22/2015's recent price of $8.11.
If you would have followed the previous Needham's recommendation on ATML, you would have gained 12.17% of your investment in 945 days.

Atmel Corporation is a global semiconductor company that designs, develops, manufactures and sells a wide range of highly integrated semiconductor integrated circuit products. The company has been instrumental in developing and commercializing nonvolatile memory, or memory that continues to store information after power is turned off.

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
9/22/2015 8:25 AM Hold
None
8.11
as of 8/27/2015
1 Week down  -0.24 %
1 Month down  -21.93 %
3 Months down  -7.12 %
1 YTD up  3.19 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/19/2013 8:25 AM Buy
None
7.23 10.00
1/24/2012 8:25 AM Hold
None
9.63
11/2/2011 8:25 AM Buy
None
9.77 12.00
10/3/2011 8:25 AM Buy
None
8.00 12.00
2/5/2008 8:25 AM Buy
None
3.33 5.50

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