Bank of America upgrades Spreadtrum Communications (SPRD +2%) to Buy and raises price target to...

|About: Spreadtrum Communications, ... (SPRD)|By:, SA News Editor

Bank of America upgrades Spreadtrum Communications (SPRD +2%) to Buy and raises price target to $30 from $18. The company declared a $0.10/share dividend earlier in the week. Previously: Another upgrade for Spreadtrum.