Leichte Korrektur des Kursziels von 15$ auf 5$ - was soll man dazu noch sagen.
GNSS stand vor 6 Monaten bei über 70$.
7:49AM Genesis Microchip downgraded at Prudential (GNSS) 7.351: Prudential downgrades to HOLD from Buy based on the dismal pricing outlook for integrated analog ICs in the 15-inch mkt; says growth opportunities increasingly reside in the 17-inch panel mkt, and firm no longer believes GNSS will be able to diversify into non-commodity businesses rapidly enough to offset mkt share losses and pricing erosion in its core biz; cuts price target to $5 from $15.
