Dialog Semiconductor to acquire Atmel for $4.6 Billion

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SunTrust Downgrades Atmel (ATML) to Neutral

September 22, 2015 10:04 AM EDT

SunTrust Robinson Humphrey downgraded Atmel (NASDAQ: ATML) from Buy to Neutral with a price target of $9.30 (from $10.00).

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

Shares of Atmel closed at $8.19 yesterday.

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Wedbush Downgrades Atmel (ATML) to Neutral Amid Takeover

September 21, 2015 7:29 AM EDT

Wedbush downgraded Atmel (NASDAQ: ATML) from Outperform to Neutral after the company agreed to be acquired by Dialog Semiconductor (UK) LTD in a cash and stock transaction valued at $4.6B or $10.42 per share.

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FBR Capital Downgrades Atmel (ATML) to Market Perform Amid Takeover

September 21, 2015 6:44 AM EDT

FBR Capital downgraded Atmel (NASDAQ: ATML) from Outperform to Market Perform with a price target of $10.50 (from $11.00) after the company agreed to be acquired by German chipmaker Dialog Semiconductor announced its intent to purchase Atmel for $4.6 billion or $10.42 per share.

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