Canaccord Reiterates "BUY"...

[MaxKolbe]

[In my limited experience, the analyst price-target games - from a
company's standpoint, are to have it lower-- so relatively they can
beat expectations. After Q1 / 2012 report numerous analysts downgraded
SPRD to a target of $15 for the year-- obviously, ridiculous, as
they're in their lowest season - have already been in $15 territory -
and keep battering it...]

Canaccord Genuity reiterates a 'Buy' on Spreadtrum Communications
(NASDAQ: SPRD) price target of $19.00.

Analysht, T. Michael Walkley, said, "We hosted investor meetings with
Diana Jovin, Spreadtrum’s VP of Strategy and Investor Relations, that
focused on the company’s 2012 roadmap and growth drivers for H2/12. We
believe Spreadtrum is well positioned for improving sales trends
during H2/12 due to 2G/2.5G share gains in international markets with
its 40 nm solutions, improving TD-SCDMA industry volumes and
Spreadtrum’s design activity for its SC8810 1GHz smartphone solution."

http://www.streetinsider.com/Analyst+Comments/Canaccord+Genuity+Reiterates+a+Buy+on+Spreadtrum+Communications+(SPRD)%3B+SC8810+Drives+Growth/7267732.html