JPMorgan Upgrades Spreadtrum Communications (SPRD) to Overweight

May 29, 2012 10:26 AM EDT Send to a Friend
Get Alerts SPRD Hot Sheet
Price: $18.87 +5.89%

Rating Summary:
    10 Buy, 4 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 28 | New: 13
Trade SPRD Now!
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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