BofA/Merrill Lynch Downgrades NeoPhotonics (NPTN) to Underperform

November 7, 2011 8:44 AM EST
Get Alerts NPTN Hot Sheet
Price: $16.01 --0%

Rating Summary:
    3 Buy, 11 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 20 | Down: 26 | New: 4
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BofA/Merrill Lynch downgraded NeoPhotonics (NYSE: NPTN) from Neutral to Underperform, price target cut from $8 to $4.

For more ratings news on NeoPhotonics click here and for the rating history of NeoPhotonics click here.

Shares of NeoPhotonics closed at $4.05 yesterday.


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