UPDATE: Canaccord Genuity Downgrades Ultratech on Balanced Risk/Reward at Current Levels
October 18, 2013 at 09:33 AM EDT
In a report published Friday, Canaccord Genuity analyst Josh Baribeau downgraded the rating on Ultratech (NASDAQ: UTEK ) from Buy to Hold, and lowered the price target from $37.00 to $25.00. In the report, Canaccord Genuity noted, “We are downgrading UTEK to HOLD from Buy as we are unable to
