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Lojack Corporation (LOJN) [hlAlert]

Rating:
Buy LOJN
down 77.15 %

Lojack Corporation (LOJN) rated Buy with price target $15.50 by Needham & Co

Posted on: Thursday,  Apr 3, 2008  9:25 AM ET by Needham

Needham rated Buy Lojack Corporation (NASDAQ: LOJN) on 04/03/2008. Previously Needham rated Buy Lojack Corporation (NASDAQ: LOJN) on 02/21/2008., when
the stock price was $13.13. Since then, Lojack Corporation has lost 77.15% as of 08/27/2015's recent price of $3.00.
If you would have followed the previous Needham's recommendation on LOJN, you would have lost 77.15% of your investment in 2744 days.

LoJack Corporation, the premier worldwide marketer of wireless tracking and recovery systems for valuable mobile assets, is the undisputed leader in global stolen vehicle recovery. Its Stolen Vehicle Recovery System delivers a better than ninety% success rate and has helped recover more than $3 billion in global stolen assets. The system is uniquely integrated into law enforcement agencies in the United States that use LoJack's in-vehicle tracking equipment to recover stolen assets, including cars, trucks, commercial vehicles, construction equipment and motorcycles. LoJack operates in twenty six states and the District of Columbia, representing areas of the country with the greatest population density, and highest number of new vehicle sales and incidence of vehicle theft. Boomerang Tracking, Inc., the dominant marketer of stolen vehicle recovery technology in Canada operates as a wholly owned subsidiary of LoJack Corporation.

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
4/3/2008 9:25 AM Buy
None
9.84 15.50
as of 8/27/2015
1 Week down  -22.87 %
1 Month down  -23.27 %
3 Months down  -15.96 %
1 YTD down  -16.89 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/21/2008 9:25 AM Buy
None
13.13 17.00

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