Needham & Company Resumes Coverage on OCZ Technology Group (OCZ) at Buy

April 19, 2011 8:25 AM EDT
Get Alerts OCZ Hot Sheet
Price: $0.05 --0%

Rating Summary:
    5 Buy, 4 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Needham & Company resumes coverage on OCZ Technology Group (NASDAQ: OCZ) with a Buy. PT $13 (from $10)

Needham analyst says, "The positive SSD growth story we saw unfolding when we
initiated in February has been progressing much faster than expected, with the acquisition of controller technology a key driver for late F12/early F13. We expect traction with new and existing customers to drive further upside in the coming
months."

For more ratings news on OCZ Technology Group click here and for the rating history of OCZ Technology Group click here.

Shares of OCZ Technology Group closed at $8.95 yesterday.


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