UPDATE: FBR & Co. Downgrades Atmel After Encouraging CES Impressions
January 13, 2014 at 08:42 AM EST
In a report published Monday, FBR & Co. analyst Christopher Rolland downgraded Atmel Corporation (NASDAQ: ATML ) to Market Perform from Outperform, raising its price target to $9.25 from 8.25. According to the report, FBR is removing ATML from its Top Picks list, primarily due to valuation. “We were
