BofA/Merrill Lynch Downgrades NeoPhotonics (NPTN) to Underperform

November 7, 2011 8:44 AM EST Send to a Friend
Get Alerts NPTN Hot Sheet
Price: $6.39 -4.91%

Rating Summary:
    4 Buy, 2 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 28 | New: 14
Trade NPTN Now!
BofA/Merrill Lynch downgraded NeoPhotonics (NYSE: NPTN) from Neutral to Underperform, price target cut from $8 to $4.

For more ratings news on NeoPhotonics click here and for the rating history of NeoPhotonics click here.

Shares of NeoPhotonics closed at $4.05 yesterday, with a 52 week range of $3.92-$20.94.


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