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Enter Symbol:
 
Xcerra Corp. (XCRA) [hlAlert]

Rating:
Buy LTXC
up 47.40 %

Ltx Corporation (LTXC) rated Buy with price target $7 by Needham

Posted on: Wednesday,  Aug 31, 2011  2:25 PM ET by Needham

Needham rated Buy Xcerra Corp. (NASDAQ: XCRA) on 08/31/2011. Previously Needham rated Strong Buy Xcerra Corp. (NASDAQ: XCRA) on 09/04/2009.,
when the stock price was $4.05. Since then, Xcerra Corp. has gained 47.41% as of 01/21/2016's recent price of $5.97.
If you would have followed the previous Needham's recommendation on XCRA, you would have gained 47.4% of your investment in 2330 days.

LTX-Credence Corporation (LTX-Credence) provides focused, automated test equipment (ATE) solutions. The Company designs, manufactures, markets and service ATE solutions that address the divergent test requirements of the wireless, computing, automotive and digital consumer market segments. Semiconductor designers and manufacturers worldwide use its equipment to test their devices during the manufacturing process. After testing, these devices are then incorporated in a range of products, including computers, mobile Internet equipment, such as wireless access points and interfaces, broadband access products, such as cable modems and digital subscriber line (DSL) modem, personal communication products, such as cell phones and personal digital assistants, consumer products, such as televisions, digital cameras and automobile electronics, and for power management in portable and automotive electronics. On August 29, 2008, LTX Corporation and Credence Systems Corporation completed a merger.

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
8/31/2011 2:25 PM Buy
None
5.55 7.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/4/2009 8:25 AM Buy
None
4.05 9.00
4/16/2008 9:25 AM Hold
None
9.09

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