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Universal Stainless & Alloy Products, Inc. (USAP) [hlAlert]

Rating:
Buy USAP
down 70.84 %

Universal Stainless & Alloy Products, Inc. (USAP) upgraded to Buy with price target $61 by Davenport

Posted on: Tuesday,  Jun 21, 2011  8:25 AM ET by Davenport

Davenport rated Buy Universal Stainless & Alloy Products, Inc. (NASDAQ: USAP) on 06/21/2011, when the stock price was $41.78.
Since then, Universal Stainless & Alloy Products, Inc. has lost 70.85% as of 08/27/2015's recent price of $12.18.
If you would have followed this Davenport's recommendation on USAP, you would have lost 70.84% of your investment in 1528 days.

UNIVERSAL STAINLESS & ALLOY is a mini-mill that manufactures and markets semi-finished specialty steels, including stainless steel, tool steels and other alloy steels. It also provides conversion services on materials supplied by customers that lack certain of the Company's production facilities or that are subject to their own capacity constraints.

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/21/2011 8:25 AM Buy
None
41.78 61.00
as of 12/30/2011
1 Week down  -1.68 %
1 Month down  -1.21 %
3 Months up  46.97 %
1 YTD down  -10.57 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/23/2009 2:25 PM Hold
None
10.87
4/14/2008 12:25 PM Buy
None
30.70 39.00

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