Vimicro Int'l (VIMC) Misses Q3 EPS by 5c

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Vimicro (VIMC) PT Raised to $13 at Needham & Company

November 11, 2014 10:12 AM EST

Needham & Company analyst Rajvindra Gill reiterated a Strong Buy rating and boosted its price target on Vimicro International Corp. (NASDAQ: VIMC) to $13.00 (from $10.00).

Gill commented, "VIMC posted yet another stellar beat and raise quarter driven by contract order growth and reduced OPEX... More