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BOLT TECHNOLOGY (BOLT) [hlAlert]

Rating:
Buy BOLT
up 32.60 %

BOLT TECHNOLOGY (BOLT) rated Buy with price target $25 by Dahlman Rose

Posted on: Tuesday,  Sep 16, 2008  10:25 AM ET by Dahlman Rose

Dahlman Rose rated Buy BOLT TECHNOLOGY (NASDAQ: BOLT) on 09/16/2008, when the stock price was $16.56. Since
then, BOLT TECHNOLOGY has gained 32.61% as of 11/18/2014's recent price of $21.96.
If you would have followed this Dahlman Rose's recommendation on BOLT, you would have gained 32.6% of your investment in 2254 days.

Bolt Technology Corporation consists of three operating units that manufacture and sell marine seismic data acquisition equipment: Bolt Technology Corporation (Bolt), A-G Geophysical Products, Inc. (A-G) and Real Time Systems Inc. (RTS). Bolt develops, manufactures and sells marine seismic energy sources (air guns) and replacement parts, and is referred to as the seismic energy sources segment. A-G develops, manufactures and sells underwater cables, connectors, hydrophones, depth and pressure transducers and seismic source monitoring systems, and is referred to as the underwater cables and connectors segment. RTS develops, manufactures and sells air gun controllers/synchronizers, data loggers and auxiliary equipment, and is referred to as the seismic energy source controllers segment. In May 2008, the Company completed the selling of Custom Products Corporation (Custom), a wholly owned subsidiary of Bolt.

Since the Firm’s inception, the Dahlman Rose Research team has been dedicated to providing our institutional client base with differentiated research calls and actionable investment ideas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/16/2008 10:25 AM Buy
None
16.56 25.00
as of 12/24/2008
1 Week up  9.59 %
1 Month up  29.63 %
3 Months up  50.51 %
1 YTD up  47.70 %

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