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Semitool, Inc. (SMTL) [hlAlert]

Rating:
Buy SMTL
up 31.14 %

Semitool, Inc. (SMTL) upgraded to Buy with price target $12 by Needham

Posted on: Monday,  Oct 5, 2009  8:25 AM ET by Needham

Needham rated Buy Semitool, Inc. (NASDAQ: SMTL) on 10/05/2009, when the stock price was $8.38. Since
then, Semitool, Inc. has gained 31.15% as of 01/22/2010's recent price of $10.99.
If you would have followed this Needham's recommendation on SMTL, you would have gained 31.14% of your investment in 109 days.

Semitool designs, manufactures and supports highly engineered, multi- chamber single-wafer and batch wet chemical processing equipment used in the fabrication of semiconductor devices. The company's primary suites of equipment include electrochemical deposition systems for electroplating copper, gold, solder and other metals; surface preparation systems for cleaning, stripping and etching silicon wafers; and wafer transport container cleaning systems. The company's equipment is used in semiconductor fabrication front-end and back-end processes, including wafer level packaging.

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
10/5/2009 8:25 AM Buy
None
8.38 12.00
as of 12/31/2009
1 Week   
1 Month up  0.18 %
3 Months up  31.14 %
1 YTD up  31.14 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/30/2008 9:25 AM Hold
None
8.52 19.00
6/4/2008 8:25 AM Buy
None
8.24 11.00

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