Meyer Burger Technology (OTCMKTS:MYBUF – Get Rating) was downgraded by equities research analysts at UBS Group from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Thursday, The Fly reports.
Separately, Credit Suisse Group decreased their price target on shares of Meyer Burger Technology from CHF 0.28 to CHF 0.26 and set an “underperform” rating on the stock in a research note on Monday.
MYBUF stock opened at $0.41 on Thursday. The company’s 50-day simple moving average is $0.46 and its 200 day simple moving average is $0.44. Meyer Burger Technology has a 52 week low of $0.29 and a 52 week high of $0.64.
Meyer Burger Technology AG, a technology company, produces and sells solar cells and modules primarily in Switzerland. It operates through Photovoltaics and Modules segments. The company offers its products based on proprietary Heterojunction/SmartWire technologies. It also operates in Switzerland, Germany, rest of Europe, Asia, the United States, and internationally.
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