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Needham & Company Upgrades Vimicro International Corp. (VIMC) to Strong Buy

April 30, 2014 12:53 PM EDT

Needham & Company upgraded Vimicro International Corp. (NASDAQ: VIMC) from Buy to Strong Buy with a price target of $6.00.

Analyst Rajvindra S. Gill said, "We are upgrading VIMC to a Strong Buy (vs Buy) and increasing our PT to $6 (100% upside from current levels). There... More