Baird Downgrades Four Semiconductor Stocks

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Analysts at Baird downgraded several semiconductor stocks Wednesday:

Diodes Incorporated DIOD downgraded to neutral, lowers price target to $26 per share. Shares down 4.2 percent.
Fairchild Semiconductor FCS downgraded to neutral, lowers price target to $18 per share. Shares down 2.1 percent
ON Semiconductor Corp ONNN downgraded to neutral, lowers price target to $10. Shares down 1.8 percent
STMicroelectronics NV (ADR)STM downgraded to neutral. Shares down 1.2 percent.

Diodes Incorporated is experiencing the largest effect following the coverage, currently down 4.2 percent Wednesday Afternoon.

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