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MEMC Electronic Materials (WFR) +6.5% premarket after Goldman Sachs upgrades shares to Buy...

MEMC Electronic Materials (WFR) +6.5% premarket after Goldman Sachs upgrades shares to Buy from Hold with a $6.50 price target (from $4), favoring WFR's "unique sum-of-the-parts story" which implies a near-free call option on solar given a steady-growth, cash-flow positive semiconductor segment the firm estimates to be worth $5/share on its own.
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Comments (2)
  • WPSPIKER
    , contributor
    Comments (1158) | Send Message
     
    I think their price target is a bit low based on the wide range of products and operational updates in products/business right sizing.

     

    M
    7 Mar 2013, 09:21 AM Reply Like
  • User 8425611
    , contributor
    Comment (1) | Send Message
     
    Yep-I agree with you WPSPIKER!
    7 Mar 2013, 04:01 PM Reply Like
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