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Enter Symbol:
Pmc - Sierra, Inc. (PMCS) [hlAlert]

down 23.73 %

Pmc - Sierra, Inc. (PMCS) rated Buy with price target $10 by Stifel Nicolaus

Posted on: Friday,  Jan 18, 2008  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy Pmc - Sierra, Inc. (NASDAQ: PMCS) on 01/18/2008. Previously Stifel Nicolaus rated Buy Pmc - Sierra, Inc. (NASDAQ: PMCS)
on 07/20/2007., when the stock price was $8.30. Since then, Pmc - Sierra, Inc. has lost 23.73% as of 01/08/2016's recent price of $6.33.
If you would have followed the previous Stifel Nicolaus's recommendation on PMCS, you would have lost 23.73% of your investment in 3094 days.

PMC-Sierra, Inc. (PMC) designs, develops, markets and supports semiconductor solutions for the enterprise networking, wide area network infrastructure, and access network markets. The Company offers worldwide technical and sales support through a network of offices in North America, Europe and Asia. It has approximately 350 different semiconductor devices that are sold to equipment and design manufacturers, who in turn supply their equipment principally to service providers, carriers and enterprises globally. During the fiscal year ended December 28, 2008 (fiscal 2008), PMC?s revenues were derived approximately 50% from the access and wide area network markets, and 50% from the enterprise networking market.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/18/2008 8:25 AM Buy
5.09 10.00
as of 12/24/2008
1 Week up  12.73 %
1 Month up  28.99 %
3 Months up  85.30 %
1 YTD up  71.19 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/20/2007 9:25 AM Buy
8.30 11.00

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