Needham & Company Reiterates a 'Buy' on Harris & Harris Group (TINY); Six In Twelve: Potential Liquidity Events on the Horizon

Needham & Company reiterates a 'Buy' on Harris & Harris Group (NASDAQ: TINY) price target of $8.00.

Analyst, Michael Lew, said, "The highlight of the latest 10Q filing is the potential for six liquidity events within the next twelve months. We believe this group could include ‘late-stage’ classified companies Bridgelux, Metabolon, Xradia and Molecular Imprints. A series of positive exits would further validate Harris & Harris’ investment acumen. The pipeline for more liquidity events in upcoming years is in place as the bulk of the portfolio is classified as in the ‘mid-stage’ of the development cycle."

For an analyst ratings summary and ratings history on Harris & Harris Group click here. For more ratings news on Harris & Harris Group click here.

Shares of Harris & Harris Group closed at $3.61 yesterday.

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