Today’s Analyst Downgraded Stocks – ASX, ASML, ARMH
Stocks News
Dallas, TX 11/19/2009 05:31 PM GMT (TransWorldNews)
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Advanced Semiconductor Engineering (NYSE: ASX) Bank of America the stock from Buy to Underperform. ASX is now trading at $4.25, 2.52% down in the morning trading hours. The 52 week trading range for ASX is $1.36 - $4.63. Advanced Semiconductor Engineering, Inc. (ASE Inc.) is a provider of semiconductor packaging and testing services.
ASML Holding N.V. (ADR) (NASDAQ: ASML) Bank of America downgrades from Buy to Neutral. Price target lowered from $36 to $33. ASML is now trading at $28.92, 6.40% down in the morning trading hours. ASML Holding N.V. (ASML) is a holding company that operates through its subsidiaries. The Company’s major operating subsidiaries, each of which is a wholly owned subsidiary include ASML Netherlands B.V., ASML Hong Kong Limited and ASML US, Inc.
ARM Holdings plc (ADR) (NASDAQ:ARMH) Bank of America downgrades the stock from Neutral to Underperform. Price target lowered from $7.60 to $6.80. ARMH is now trading at $7.69, decreased by 8.12%. ARM Holdings plc (ARM) designs microprocessors, physical library solutions (physical IP) and related technology and software, and sells development tools
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