SunEdison Semi (SEMI) Reports In-Line Q1 EPS

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Summit Research Downgrades SunEdison Semiconductor (SEMI) to Hold

May 11, 2015 2:13 PM EDT

Summit Research earlier downgraded SunEdison Semiconductor (NASDAQ: SEMI) from Buy to Hold with a price target of $21.00 (from $30.00). Analyst Srini Sundararajan pointed to lack of clarity on revenue and competition.

"We still feel that SEMI is likely a stock that you buy, put in a lockbox,... More