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Enter Symbol:
 
Mips Technologies, Inc. (MIPS) [hlAlert]

Rating:
Buy MIPS
up 101.51 %

Mips Technologies, Inc. (MIPS) rated Buy with price target $9 by Piper Jaffray

Posted on: Tuesday,  Jan 15, 2008  8:25 AM ET by Piper Jaffray

Piper Jaffray rated Buy Mips Technologies, Inc. (NASDAQ: MIPS) on 01/15/2008, when the stock price was $3.96. Since
then, Mips Technologies, Inc. has gained 101.52% as of 02/07/2013's recent price of $7.98.
If you would have followed this Piper Jaffray's recommendation on MIPS, you would have gained 101.51% of your investment in 1850 days.

MIPS Technologies, Inc. (MIPS) is a provider of industry-standard processor architectures and cores that powers home entertainment, communications, networking and portable multimedia products. The Company?s technology is used in markets, such as mobile consumer electronics, digital entertainment, wired and wireless communications and networking, office automation, security, microcontrollers, and automotive. The Company develops standards for both 32-bit and 64-bit computing. It license standard MIPS32 and MIPS64 instruction-set architectures (ISAs), application specific extensions (ASEs), core designs and other related Internet protocol (IP) to semiconductor companies and system original equipment manufacturers ( OEMs). On May 7, 2009, the Company completed the sale of its Analog Business Group (ABG) to Synopsys, Inc.

At Piper Jaffray, we understand there’s no substitute for relevant and timely research. That's why we provide: * fundamental and technical research * value-added investment ideas * market analysis With the information our research team provides, you’ll make better and more informed decisions for your portfolio.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/15/2008 8:25 AM Buy
None
3.96 9.00
as of 12/24/2008
1 Week down  -7.53 %
1 Month up  20.86 %
3 Months up  192.38 %
1 YTD up  176.57 %

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