Gilford Starts MEMC Electronic (WFR) at Sell
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Price: $8.07 --0%
Rating Summary:
4 Buy, 5 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
4 Buy, 5 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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An analyst at Gilford Securities initiated coverage on MEMC Electronic Materials (NYSE: WFR) with a Sell rating this morning.
The new coverage follows MEMC's Q2 earnings, reported on Thursday, the 23rd, after the market closed. Since the results, shares of MEMC have fallen more than 13%.
Although shares of MEMC are down 1.8% today, the stock is actually outperforming its broader solar group, which is down about 2.8% according to the Claymore/MAC Global Solar Index (NYSE: TAN), or "the TAN".
To see all the analyst action on shares of MEMC, visit our Analyst Ratings page.
MEMC Electronic Materials, Inc. designs, manufactures, and sells silicon wafers for the semiconductor industry worldwide.
The new coverage follows MEMC's Q2 earnings, reported on Thursday, the 23rd, after the market closed. Since the results, shares of MEMC have fallen more than 13%.
Although shares of MEMC are down 1.8% today, the stock is actually outperforming its broader solar group, which is down about 2.8% according to the Claymore/MAC Global Solar Index (NYSE: TAN), or "the TAN".
To see all the analyst action on shares of MEMC, visit our Analyst Ratings page.
MEMC Electronic Materials, Inc. designs, manufactures, and sells silicon wafers for the semiconductor industry worldwide.
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