Atmel (ATML) Volatility Rises on Analyst Call; Shares Slip Below 50-Day SMA

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UPDATE: UBS Downgrades Atmel (ATML) to Neutral, Lower Touch and Sensor Opportunities

September 24, 2012 6:40 AM EDT

(Updated - September 24, 2012 3:43 PM EDT)

Shares of Atmel (NASDAQ: ATML) fare under pressure Monday after UBS downgraded the srom Buy to Neutral and cut its price target from $11 to $7, saying its touchscreen controller and sensor opportunities are likely to be materially... More