JPMorgan Upgrades Spreadtrum Communications (SPRD) to Overweight

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JPMorgan upgraded Spreadtrum Communications (NASDAQ: SPRD) from Neutral to Overweight, price target raised from $15 to $22.

For an analyst ratings summary and ratings history on Spreadtrum Communications click here. For more ratings news on Spreadtrum Communications click here.

Shares of Spreadtrum Communications closed at $16.49 yesterday, with a 52 week range of $8.59-$29.98.

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