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Stock Market & Financial Investment News

News Breaks
January 25, 2013
09:54 EDTSGISilicon Graphics spikes higher, bullish pattern on weekly chart active
The stock is up over 9.4% this morning, continuing a strong recent recover off multi-year lows. There already was an active bullish pattern on the weekly chart, and this move up confirms it. The pattern is a bullish, inverted, head and shoulders. Upside potential for that pattern is to the $15 area. That level is where price began a sharp decline last February. Sterne Agee upgraded the stock earlier today to Buy, with a $19 price target.
News For SGI From The Last 14 Days
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December 10, 2014
10:00 EDTSGIOn The Fly: Analyst Upgrade Summary
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09:02 EDTSGISilicon Graphics upgraded to Buy with $12 target at Needham
Needham upgraded Silicon Graphics to Buy from Hold with a $12 price target citing improving federal spending and an attractive risk/reward profile. The firm believes shares offer "significant" upside potential should the company execute on even a subset of its major initiatives.
07:21 EDTSGISilicon Graphics upgraded to Buy from Hold at Needham

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