Vimicro International Corp. (VIMC) Tops Q3 EPS by 7c; Guides Q4 Sales
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Needham & Company Upgrades Vimicro International Corp. (VIMC) to Buy Post Q3
November 8, 2012 9:03 AM ESTNeedham & Company upgraded Vimicro International Corp. (NASDAQ: VIMC) from Hold to Buy with a price target of $2.50 following solid Q3 and guidance.
The firm comments, "Vimicro delivered a solid 3Q12, with results coming in on the high end of guidance, and beating our estimates. The strong results were driven by better than anticipated... More
