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

up 46.20 %

Varian Semiconductor Equipment Associates, Inc. (VSEA) upgraded to Buy with price target $53 by Needham

Posted on: Friday,  Apr 29, 2011  8:25 AM ET by Needham

Needham rated Buy Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA) on 04/29/2011, when the stock price was $41.90. Since then, Varian
Semiconductor Equipment Associates, Inc. has gained 46.21% of its value until Needham rated VSEA Hold on 05/04/2011, when the price was $61.26.
If you would have followed this Needham's recommendation on VSEA, you would have gained 46.2% of your investment in 5 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.

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
5/4/2011 4:25 PM Hold
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD up  46.20 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/29/2011 8:25 AM Buy
41.90 53.00
9/30/2008 9:25 AM Hold
25.26 25.00
8/25/2008 9:25 AM Buy
33.93 38.00
7/25/2008 9:25 AM Buy
27.02 30.00

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