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Enter Symbol:
 
Pmc - Sierra, Inc. (PMCS) [hlAlert]

Rating:
Buy PMCS
down 12.20 %

Pmc - Sierra, Inc. (PMCS) rated Buy with price target $8.50 by Kaufman Bros

Posted on: Tuesday,  Apr 5, 2011  8:25 AM ET by Kaufman Bros

Kaufman Bros rated Buy Pmc - Sierra, Inc. (NASDAQ: PMCS) on 04/05/2011, when the stock price was $7.21.
Since then, Pmc - Sierra, Inc. has lost 12.21% as of 01/08/2016's recent price of $6.33.
If you would have followed this Kaufman Bros's recommendation on PMCS, you would have lost 12.2% of your investment in 1739 days.

PMC-Sierra, Inc. (PMC) designs, develops, markets and supports semiconductor solutions for the enterprise networking, wide area network infrastructure, and access network markets. The Company offers worldwide technical and sales support through a network of offices in North America, Europe and Asia. It has approximately 350 different semiconductor devices that are sold to equipment and design manufacturers, who in turn supply their equipment principally to service providers, carriers and enterprises globally. During the fiscal year ended December 28, 2008 (fiscal 2008), PMC?s revenues were derived approximately 50% from the access and wide area network markets, and 50% from the enterprise networking market.

aufman Bros., L.P. recognizes that our research analysts act as the navigating force behind all of the services we offer. Through comments, profiles, reports and newsletters, our analysts track companies within their particular market segment on day-to-day happenings. Kaufman Bros. analysts bring to our tightly integrated team approach a variety of skill-sets and experience. Along with their direct communications industry, company development, and management backgrounds, they possess extensive investment community experience. Kaufman Bros. seeks to deliver comprehensive research coverage to the institutional and private investment communities in the following sectors: Cable, Satellite & Interactive Media Communications Equipment & Services Digital Media Software Enterprise Communications Technology Green Technology Internet & Digital Media IT Services & Enterprise Software Semiconductors
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/5/2011 8:25 AM Buy
None
7.21 8.50
as of 12/30/2011
1 Week down  -0.54 %
1 Month down  -1.43 %
3 Months down  -7.85 %
1 YTD down  -23.57 %

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