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Affymetrix, Inc. (AFFX) [hlAlert]

Rating:
Underweight
AFFX
down 39.85 %

Affymetrix, Inc. (AFFX) rated Underweight with price target $3 by Barclays Capital

Posted on: Wednesday,  Jan 13, 2010  8:25 AM ET by Barclays Capital

Barclays Capital rated Underweight Affymetrix, Inc. (NASDAQ: AFFX) on 01/13/2010, when the stock price was $5.81. Since
then, Affymetrix, Inc. has gained 66.27% as of 01/25/2016's recent price of $9.66.
If you would have followed this Barclays Capital's recommendation on AFFX, you would have lost 39.85% of your investment in 2203 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.

Barclays Capital has assembled a world-class, award-winning team of analysts covering, credit, commodities, economics, emerging markets, equities, fixed income, foreign exchange and market strategy. We provide in-depth analysis of companies and macro coverage across asset classes, markets and the world’s economies. We have a highly quantitative approach and our research is underpinned by sophisticated analytics. Combined, these provide clients with the tools and insights necessary for successful risk management and financing. Our research teams are based in many of the world’s major financial centres providing our clients with a globally integrated perspective across products and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/13/2010 8:25 AM Sell
None
5.81 3.00
as of 12/31/2010
1 Week down  -1.20 %
1 Month down  -21.39 %
3 Months down  -10.74 %
1 YTD up  13.08 %

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