Needham & Company Downgrades Mattson Technology (MTSN) to Hold Following Takeover

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December 2, 2015 7:23 AM EST
Get Alerts MTSN Hot Sheet
Price: $3.60 --0%

Rating Summary:
    1 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 37 | New: 4
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Needham & Company downgraded Mattson Technology (NASDAQ: MTSN) from Buy to Hold after the company agreed to be acquired by Beijing E-Town Dragon Semiconductor Industry Investment Center for $3.80/sh in cash.

For an analyst ratings summary and ratings history on Mattson Technology click here. For more ratings news on Mattson Technology click here.

Shares of Mattson Technology closed at $3.10 yesterday.


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