Zacks Investment Research downgraded shares of GT ADV TECH INC (GTAT) from OUTPERFORM to NEUTRAL on August 24, 2012, with a target price of $7.20.
GT Advanced Technologies, Inc. is a global provider of polysilicon production technology, and sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets. Its principal products are polysilicon production equipment and services, DSS multicrystalline ingot growth furnaces and advanced sapphire growth furnaces and material for the LED industry and industrial markets. GT Advanced Technologies Inc., formerly known as GT Solar International, Inc., is headquartered in Merrimack, New Hampshire.
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