Drexel Hamilton Downgrades Applied Micro Circuits (AMCC) to Hold Amid Takeout
Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.
Drexel Hamilton downgraded Applied Micro Circuits (NASDAQ: AMCC) from Buy to Hold with a price target of $8.36 after the company agreed to be acquired by MACOM.
Shares of Applied Micro Circuits closed at $7.25 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- MoffettNathanson Downgrades AMC Networks (AMCX) to Sell
- Wedbush Downgrades Synchrony Financial (SYF) to Neutral
- UPDATE: Stifel Downgrades Coca-Cola European Partners (CCE) to Hold
Create E-mail Alert Related CategoriesDowngrades
Related EntitiesDrexel Hamilton
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!