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Faro Technologies, Inc. (FARO) [hlAlert]

Rating:
Buy FARO
up 26.15 %

Faro Technologies, Inc. (FARO) rated Buy with price target $37 by Needham

Posted on: Monday,  Dec 21, 2015  8:25 AM ET by Needham

Needham rated Buy Faro Technologies, Inc. (NASDAQ: FARO) on 12/21/2015, when the stock price was $29.90. Since
then, Faro Technologies, Inc. has gained 26.15% as of 12/21/2015's recent price of $37.72.
If you would have followed this Needham's recommendation on FARO, you would have gained 26.15% of your investment in 0 days.

FARO Technologies, Inc. and its international subsidiaries are pioneers and market leaders in the computer-aided manufacturing measurement market, which is the final frontier of the computer-aided design and computer-aided manufacturing revolution. FARO's product line includes portable, 3D measurement equipment, computer-aided design-based inspection software for portable and fixed-base coordinate measurement machines, as well as factory-level statistical process control, and manufacturing quality consulting services. (Company Press Release)

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
12/21/2015 8:25 AM Buy
None
29.90 37.00
as of 8/27/2015
1 Week down  -8.99 %
1 Month down  -19.35 %
3 Months down  -9.71 %
1 YTD down  -35.30 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/5/2014 12:00 AM Buy
None
44.90 50.00
7/5/2011 8:25 AM Buy
None
43.51 50.00
5/5/2011 4:25 PM Buy
None
41.72 47.00
2/25/2010 8:25 AM Buy
None
23.02 25.00
1/5/2009 9:25 AM Hold
None
15.92
10/9/2008 8:25 AM Buy
None
16.62 28.00
8/18/2008 9:25 AM Buy
None
26.67 34.00

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