Thermo Fisher (TMO) to Acquire Affymetrix (AFFX) for $14/Share

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Mizuho Securities Downgrades Affymetrix (AFFX) to Neutral Amid Takeover

January 11, 2016 6:22 AM EST

Mizuho Securities downgraded Affymetrix (NASDAQ: AFFX) from Outperform to Neutral after the company agreed to be acquired by Thermo Fisher for $14/share.

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 $9.21 yesterday.

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