SUMCO CORP/ADR (OTCMKTS:SUOPY) Rating Lowered to Hold at Zacks Investment Research
According to Zacks, “Sumco Corporation manufactures and sells silicon wafers for the semiconductor industry. It offers monocrystalline ingots, polished wafers, annealed wafers, epitaxial wafers, junction isolated wafers, silicon-on-insulator wafers, and reclaimed polished wafers. The company operates primarily in Japan, North America, Asia and Europe. Sumco Corporation is headquartered in Tokyo, Japan. “
Several other equities research analysts also recently weighed in on SUOPY. Goldman Sachs Group downgraded shares of SUMCO CORP/ADR from a buy rating to a neutral rating in a research note on Monday, June 10th. ValuEngine upgraded shares of SUMCO CORP/ADR from a sell rating to a hold rating in a research report on Thursday, August 1st.
About SUMCO CORP/ADR
Sumco Corporation, together with its subsidiaries, manufactures and sells silicon wafers for the semiconductor industry in Japan, North America, Asia, and Europe. It provides monocrystalline ingots, as well as polished, annealed, epitaxial, junction isolated, silicon-on-insulator, and reclaimed polished wafers.
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