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Affymetrix, Inc. (AFFX) [hlAlert]

Rating:
Underweight
AFFX
down 54.65 %

Affymetrix, Inc. (AFFX) downgraded to Underweight by JP Morgan

Posted on: Wednesday,  Jul 11, 2012  10:25 AM ET by JP Morgan

JP Morgan rated Underweight Affymetrix, Inc. (NASDAQ: AFFX) on 07/11/2012, when the stock price was $4.38. Since
then, Affymetrix, Inc. has gained 120.55% as of 01/25/2016's recent price of $9.66.
If you would have followed this JP Morgan's recommendation on AFFX, you would have lost 54.65% of your investment in 1293 days.

Affymetrix scientists invented the world's first high-density microarray and began selling the first commercial microarray. Since then, Affymetrix GeneChip technology has become the industry standard in molecular biology research. Affymetrix technology is used by the world's top pharmaceutical, diagnostic and biotechnology companies as well as leading academic, government and not-for-profit research institutes. Affymetrix' patented photolithographic manufacturing process provides the most information capacity available today on an array, enabling researchers to use a whole-genome approach to analyzing the relationship between genetics and health.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/11/2012 10:25 AM Sell
None
4.38
as of 12/31/2012
1 Week up  1.24 %
1 Month up  4.80 %
3 Months up  26.95 %
1 YTD up  27.62 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/4/2010 8:25 AM Hold
None
6.63
1/29/2009 8:25 AM Sell
None
3.41

(*) Stock Price at the time of the recommendation.
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