UPDATE: Oppenheimer Downgrades Rubicon Technology on Multiple Risk Factors

By: Benzinga
In a report published Tuesday, Oppenheimer analyst Andrew Uerkwitz downgraded the rating on Rubicon Technology (NASDAQ: RBCN ) from Perform to Underperform, but named a $9.00 price target. In the report, Oppenheimer noted, “We are downgrading Rubicon to Underperform from Perform, as we believe the supply/demand dynamics are misunderstood and
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