Piper Jaffray Downgrades Rubicon Technology (RBCN) to Underweight, Cuts Price Target

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October 11, 2011 7:31 AM EDT
Get Alerts RBCN Hot Sheet
Price: $6.50 +4.50%

Rating Summary:
    1 Buy, 4 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Piper Jaffray downgraded shares of Rubicon Technology (NASDAQ: RBCN) to an Underweight rating from its previous rating of Neutral and slashed its price target from $15 to $7.

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

Shares of Rubicon Technology closed at $10.48 yesterday.

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