Market Overview

UPDATE: Canaccord Downgrades GT Advanced Technologies


In a note released Monday, Canaccord analyst Jonathan Dorsheimer downgraded shares of GT Advanced Technologies (NASDAQ: GTAT) from Buy to Hold and maintained a $20 price target.

Dorsheimer is doubtful that GT will see upside in its 2016 EPS unless Apple uses sapphire in all of its iPhone and iWatch models. Moreover, he says it is unlikely that the iPhone 6 introduction will initially feature sapphire displays in materials volumes.

Analysts at UBS also issued a downgrade on GT Advanced Technologies.

Latest Ratings for GTAT

Sep 2014DowngradesBuySell
Sep 2014MaintainsHold
Sep 2014DowngradesOverweightNeutral

View More Analyst Ratings for GTAT
View the Latest Analyst Ratings

Posted-In: Canaccord Genuity Jonathan DorsheimerAnalyst Color Downgrades Price Target Analyst Ratings


Related Articles (AAPL + GTAT)

View Comments and Join the Discussion!

Latest Ratings

PLCEB. Riley FBRDowngrades59.0
ASPUCanaccord GenuityMaintains11.0
AAPLEvercore ISI GroupMaintains305.0
THTXMackie ResearchUpgrades
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Analysts Come Out Bullish On Mobile Iron; Shares Rally ~9%

China Slowdown Muddies Mining Waters; Deutsche Bank Still Positive On The Sector