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Enter Symbol:
 
Market Vectors Chinaamc Sme-Chn (CNXT) [hlAlert]

Rating:
Outperform
CNXT
up 1,149.29 %

CONEXANT SYSTEMS (CNXT) upgraded to Outperform with price target $5 by Oppenheimer

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

Oppenheimer rated Outperform Market Vectors Chinaamc Sme-Chn (AMEX: CNXT) on 10/05/2009. Previously Oppenheimer rated Perform
Market Vectors Chinaamc Sme-Chn (AMEX: CNXT) on 04/15/2008., when the stock price was $5.20. Since then, Market Vectors Chinaamc Sme-Chn has lost 45.38% as of 10/05/2009's recent price of $2.84.

Conexant Systems, Inc. innovative semiconductor solutions are driving broadband communications and digital home networks worldwide. The company has leveraged its expertise and leadership position in modem technologies to enable more Internet connections than all of its competitors combined, and continues to develop highly integrated silicon solutions for broadband data and media processing networks. Key products include client-side xDSL and cable modem solutions, home network processors, broadcast video encoders and decoders, digital set-top box components and systems solutions, and dial-up modems. The company also offers a complete line of asymmetric and symmetric DSL central office solutions, which are used by service providers worldwide to deliver broadband data, voice, and video over copper telephone lines.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/5/2009 8:25 AM Buy
None
2.84 5.00
as of 12/31/2009
1 Week down  -16.66 %
1 Month down  -10.08 %
3 Months down  -27.81 %
1 YTD down  -27.81 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/15/2008 8:25 AM None
None
5.20

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