Oppenheimer Downgrades Applied Micro Circuits (AMCC) to Perform
Get Alerts AMCC Hot Sheet
Price: $8.45 --0%
Rating Summary:
1 Buy, 11 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 11
Rating Summary:
1 Buy, 11 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 11
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Oppenheimer downgraded Applied Micro Circuits (NASDAQ: AMCC) from Outperform to Perform.
The firm notes shares have outperformed off October lows and the promise of X-Gene is now reflected in the stock price. They now see the lack of obvious near-term catalysts and/or P/E support.
For an analyst ratings summary and ratings history on Applied Micro Circuits click here. For more ratings news on Applied Micro Circuits click here.
Shares of Applied Micro Circuits closed at $7.83 yesterday.
The firm notes shares have outperformed off October lows and the promise of X-Gene is now reflected in the stock price. They now see the lack of obvious near-term catalysts and/or P/E support.
For an analyst ratings summary and ratings history on Applied Micro Circuits click here. For more ratings news on Applied Micro Circuits click here.
Shares of Applied Micro Circuits closed at $7.83 yesterday.
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