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Enter Symbol:

Neutral SPRD
down 70.20 %

SPREADTRUM COMMUNICA (SPRD) downgraded to Neutral by Piper Jaffray

Posted on: Friday,  Aug 15, 2008  8:25 AM ET by Piper Jaffray

Piper Jaffray rated Neutral SPREADTRUM COMMUNICA (NASDAQ: SPRD) on 08/15/2008. Previously Piper Jaffray rated Buy SPREADTRUM COMMUNICA (NASDAQ: SPRD) on 08/06/2007.,
when the stock price was $11.31. Since then, SPREADTRUM COMMUNICA has lost 70.20% as of 08/15/2008's recent price of $3.37.
If you would have followed the previous Piper Jaffray's recommendation on SPRD, you would have lost 70.2% of your investment in 375 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.

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
8/15/2008 8:25 AM Hold
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
8/6/2007 9:25 AM Buy

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