Citigroup Downgrades Sunedison Semiconductor To Neutral

Citigroup downgraded Sunedison Semiconductor Ltd SEMI from Buy to Neutral. The price target for Sunedison Semiconductor has been lowered from $27.00 to $22.00. Sunedison Semiconductor shares have gained 24.64 percent over the past 52 weeks, while the S&P 500 index has surged 7.01 percent in the same period. Sunedison Semiconductor shares closed at $21.50 yesterday.