Needham & Company Downgrades Alliance Fiber Optic Products (AFOP) to Hold Amid Takeover

April 11, 2016 7:35 AM EDT
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Price: $18.51 --0%

Rating Summary:
    0 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Needham & Company downgraded Alliance Fiber Optic Products (NASDAQ: AFOP) from Buy to Hold after the company agreed to be acquired by Corning for $18.50 per share.

For an analyst ratings summary and ratings history on Alliance Fiber Optic Products click here. For more ratings news on Alliance Fiber Optic Products click here.

Shares of Alliance Fiber Optic Products closed at $18.45 yesterday.



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