Zacks Investment Research downgraded shares of ROFIN-SINAR (RSTI) from NEUTRAL to UNDERPERFORM on June 19, 2012, with a target price of $17.90.
Rofin-Sinar Technologies designs, develops, engineers, manufactures and markets laser products for cutting, welding and marking a wide range of industrial materials. Through its global manufacturing, distribution and service network, the company provides a comprehensive range of laser solutions to three principal target markets for material processing lasers: the machine tool, automotive, and semiconductor/electronics industries.
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