EMS Technologies (NASDAQ:ELMG) Looks Good in Short Term

EMS Technologies (NASDAQ:ELMG) looks like they're poised for growth in the short term in light of some of their long-term outlooks and trends.

Needham said, "A recent management meeting with EMS in which, among other things, we discussed the company’s recently disclosed long-term growth targets, leads us to believe the company is seeing solid near-term business trends and is likely targeting growth above our prior 2011/2012 estimates. Acknowledging a recent call by activist MMI for a sale of the company, we view such an event as a low probability, but note the presence of such an activist may afford some downside protection to the shares."

Needham & Company maintains a "Buy" on EMS Technologies, which closed Tuesday at $64.13, down $0.05, or 0.08 percent. Needham raised their price target on them from $22 to $23.