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Enter Symbol:
 
Varian Semiconductor Equipment Associates, Inc. (VSEA) [hlAlert]

Rating:
Neutral VSEA

Varian Semiconductor Equipment Associates, Inc. (VSEA) rated Neutral with price target $23.50 by Credit Suisse

Posted on: Monday,  Aug 3, 2009  9:25 AM ET by Credit Suisse

Credit Suisse rated Neutral Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA) on 08/03/2009. Previously Credit Suisse rated Buy Varian Semiconductor Equipment Associates, Inc. (NASDAQ:
VSEA) on 10/05/2007., when the stock price was $48.80. Since then, Varian Semiconductor Equipment Associates, Inc. has lost 43.26% as of 09/22/2008's recent price of $27.69.
If you would have followed the previous Credit Suisse's recommendation on VSEA, you would have lost 43.25% of your investment in 353 days.

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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/3/2009 9:25 AM Hold
None
31.89 23.50
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/1/2009 9:25 AM Hold
None
23.90 19.50
10/28/2008 9:25 AM Hold
None
18.24 15.00
9/22/2008 9:25 AM Hold
None
27.69 25.00
10/5/2007 9:25 AM Buy
None
48.80 56.00
7/31/2007 9:25 AM Hold
None
46.09

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