Goldman Sachs Downgrades Affymetrix (AFFX) to Sell

July 2, 2012 7:37 AM EDT Send to a Friend
Get Alerts AFFX Hot Sheet
Price: $3.70 -1.07%

Rating Summary:
    5 Buy, 5 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 10 | Down: 24 | New: 24
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Goldman Sachs downgraded Affymetrix (NASDAQ: AFFX) from Neutral to Sell with a price target of $4.00 (from $4.30).

The firm said eBio is not enough to offset end market headwinds.

For an analyst ratings summary and ratings history on Affymetrix click here. For more ratings news on Affymetrix click here.

Shares of Affymetrix closed at $4.69 yesterday, with a 52 week range of $3.68-$8.16.


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