Goldman Sachs Upgrades Affymetrix (AFFX) to Neutral

December 15, 2011 7:21 AM EST
Get Alerts AFFX Hot Sheet
Price: $14.01 --0%

Rating Summary:
    4 Buy, 9 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs upgraded Affymetrix (NASDAQ: AFFX) from Sell to Neutral with a price target of $4.50.

The firm said their thesis has played out and current valuation more accurately reflects structural challenges in the business.

For an analyst ratings summary and ratings history on Affymetrix click here. For more ratings news on Affymetrix click here.

Shares of Affymetrix closed at $3.78 yesterday.


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