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Affymetrix, Inc. (AFFX) [hlAlert]

Rating:
Buy AFFX
up 115.14 %

Affymetrix, Inc. (AFFX) rated Buy with price target $19 by Stifel Nicolaus

Posted on: Thursday,  Mar 15, 2012  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy Affymetrix, Inc. (NASDAQ: AFFX) on 03/15/2012, when the stock price was $4.49. Since
then, Affymetrix, Inc. has gained 115.14% as of 01/25/2016's recent price of $9.66.
If you would have followed this Stifel Nicolaus's recommendation on AFFX, you would have gained 115.14% of your investment in 1411 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.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/15/2012 8:25 AM Buy
None
4.49 19.00
as of 12/31/2012
1 Week down  -1.24 %
1 Month down  -4.80 %
3 Months down  -26.95 %
1 YTD down  -29.39 %

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