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Arris Group Inc (ARRS) [hlAlert]

Rating:
Buy ARRS
up 114.06 %

Arris Group Inc (ARRS) upgraded to Buy with price target $16 by Needham

Posted on: Tuesday,  Mar 9, 2010  9:25 AM ET by Needham

Needham rated Buy Arris Group Inc (NASDAQ: ARRS) on 03/09/2010, when the stock price was $12.30. Since
then, Arris Group Inc has gained 114.07% as of 01/22/2016's recent price of $26.33.
If you would have followed this Needham's recommendation on ARRS, you would have gained 114.06% of your investment in 2145 days.

ARRIS Group, Inc. (ARRIS) is a global communications technology company specializing in integrated broadband network solutions that include products, systems and software for content and operations management, and professional services. It develops, manufactures and supplies cable telephony, video and high-speed data equipment. In addition, it is a supplier of infrastructure products used by cable system operators to build-out and maintain Hybrid Fiber-Coaxial (HFC) networks. It provides products and equipments to cable system operators and multiple systems operators (MSOs). Its products allow MSOs and other broadband service providers to deliver a range of integrated voice, video and high-speed data services to their subscribers. It operates in three segments: Broadband Communications Systems (BCS), Access, Transport and Supplies (ATS), Media and Communications Systems (MCS).

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
10/29/2015 10:25 AM Buy
None
28.03 34.00
as of 12/31/2010
1 Week up  8.49 %
1 Month up  19.98 %
3 Months up  22.92 %
1 YTD down  -2.35 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/20/2014 8:25 AM Buy
None
31.34 32.00
12/21/2012 8:25 AM Buy
None
14.76 18.00
3/9/2010 9:25 AM Buy
None
12.30 16.00
6/16/2009 8:25 AM Hold
None
11.77
7/9/2008 9:25 AM Buy
None
7.08 11.00
2/15/2008 8:25 AM Buy
None
5.02 12.00
10/25/2007 9:25 AM Buy
None
12.50 17.00
7/26/2007 9:25 AM Buy
None
14.57 20.00

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