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Goldman Sachs Starts Rubicon Technology (RBCN) at Sell

November 18, 2011 6:48 AM EST
Get Alerts RBCN Hot Sheet
Price: $1.30 --0%

Rating Summary:
    1 Buy, 4 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 11 | New: 14
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Goldman Sachs initiates coverage on Rubicon Technology (NASDAQ: RBCN) with a Sell rating and $8 price, suggesting 30% downside.

The firm said they see more risk than reward versus peers due to oversupply risks, prolonged pricing weakness and high capital intensity.

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

Shares of Rubicon Technology closed at $10.74 yesterday.


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