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Needham Sees Upside In Shanda Interactive (SNDA)

February 26, 2008 9:03 AM EST
Get Alerts SNDA Hot Sheet
Price: $39.88 -0.28%

Rating Summary:
    0 Buy, 8 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Needham sees upside in Shanda Interactive (Nasdaq: SNDA) after nice quarter. Needham believes the current valuation is attractive and sees upside from new titles in the pipeline. Needham reiterates its Buy rating on Shanda and it has a $45 price target on SNDA.

Shanda is currently trading up a dollar this morning at $32.01.

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