Goldman Sachs Initiates Rubicon Technology At Sell, Shares Decline

Analysts at Goldman Sachs initiated coverage on shares of Rubicon Technology

with a Sell rating. The target price for Rubicon Technology is set to $6. Rubicon Technology shares have surged 10.83% over the past 52 weeks, while the S&P 500 index has gained 17.20% in the same period. Rubicon Technology's shares fell 0.91% to $8.72 in pre-market trading.