GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Varian Semiconductor Equipment Associates, Inc. (VSEA) [hlAlert]

Rating:
Hold VSEA

Varian Semiconductor Equipment Associates, Inc. (VSEA) downgraded to Hold with price target $25 by Needham

Posted on: Tuesday,  Sep 30, 2008  9:25 AM ET by Needham

Needham rated Hold Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA) on 09/30/2008. Previously Needham rated Buy Varian Semiconductor
Equipment Associates, Inc. (NASDAQ: VSEA) on 08/25/2008., when the stock price was $33.93. Since then, Varian Semiconductor Equipment Associates, Inc. has lost 25.55% of its value until Needham rated VSEA Buy on 09/30/2008, when the price was $25.26. .

Varian Semiconductor Equipment Associates is the leading supplier of ion implant equipment to semiconductor manufacturers, enabling them to pack more, higher performing transistors into computer chips that are revolutionizing the electronics industry. Varian Semiconductor's products are used by chip manufacturers worldwide to produce high-performance semiconductor devices. Customers have made Varian Semiconductor the market leader in ion implant because of its architecturally superior products that lower their costs and improve their productivity. The Company has ranked first in the VLSI Research Customer Satisfaction Survey nine times over the last ten years. Varian Semiconductor operates globally and is headquartered in Gloucester, Massachusetts.

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
5/4/2011 4:25 PM Hold
None
61.26
as of 12/24/2008
1 Week up  2.75 %
1 Month up  15.11 %
3 Months up  62.89 %
1 YTD up  31.95 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/29/2011 8:25 AM Buy
None
41.90 53.00
9/30/2008 9:25 AM Hold
None
25.26 25.00
8/25/2008 9:25 AM Buy
None
33.93 38.00
7/25/2008 9:25 AM Buy
None
27.02 30.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy