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Atmel Corporation (NASDAQ: ATML) downgraded to Hold by Needham

Tuesday,  Sep 22, 2015  8:25 AM ET by Dave Ficere

Needham downgraded Atmel Corporation (NASDAQ: ATML) to Hold. Previously
Needham rated Buy with price target $10 Atmel Corporation (NASDAQ: ATML) on 02/19/2013, when the stock price was $7.23.

Atmel Corporation is a global semiconductor company that designs, develops, manufactures and sells a wide range of highly integrated semiconductor integrated circuit products. The company has been instrumental in developing and commercializing nonvolatile memory, or memory that continues to store information after power is turned off.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.

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