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SPREADTRUM COMMUNICA (SPRD) [hlAlert]

Rating:
Hold SPRD
up 0.34 %

SPREADTRUM COMMUNICA (SPRD) downgraded to Hold with price target $9 by Roth Capital

Posted on: Monday,  Jun 9, 2008  8:25 AM ET by Roth Capital

Roth Capital rated Hold SPREADTRUM COMMUNICA (NASDAQ: SPRD) on 06/09/2008. Previously Roth Capital rated Buy SPREADTRUM COMMUNICA (NASDAQ: SPRD) on 03/31/2008.,
when the stock price was $8.62. Since then, SPREADTRUM COMMUNICA has gained 0.35% as of 06/09/2008's recent price of $8.65.
If you would have followed the previous Roth Capital's recommendation on SPRD, you would have gained 0.34% of your investment in 70 days.

Spreadtrum is a fabless semiconductor company that designs, develops and markets baseband processor solutions for the wireless communications market. Spreadtrum combines its semiconductor expertise with its software development capabilities to deliver highly-integrated baseband processors with multimedia functionality and power management.

ROTH researches emerging growth equities in the media, technology, telecommunications, healthcare, consumer, energy and industrial sectors. The research is focused on companies with market capitalization of between $100 million - $1 billion. Our coverage universe includes approximately 180 small cap growth companies around the globe including several companies from China. With an average market cap of approximately $500 million, our objective is to identify rapidly growing companies with significant long term growth prospects.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/9/2008 8:25 AM Hold
None
8.65 9.00
as of 12/24/2008
1 Week up  1.33 %
1 Month up  55.10 %
3 Months up  58.33 %
1 YTD up  53.53 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/31/2008 8:25 AM Buy
None
8.62 12.00
11/1/2007 9:25 AM Buy
None
15.22 20.00
10/16/2007 9:39 PM Buy
None
13.69 18.00

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