Zacks Investment Research cut shares of AMS (OTCMKTS:AMSSY) from a buy rating to a hold rating in a research note released on Tuesday.
According to Zacks, “ams AG designs, manufactures and sells solutions for consumer electronics and communication device. Its product includes intelligent light sensors, MEMS microphone ICs, NFC solutions, active noise-cancelling ICs and ultra-low power solutions. ams AG is headquartered in Unterpremstätten, Austria. “
Separately, Morgan Stanley raised AMS from an equal weight rating to an overweight rating in a report on Thursday, November 2nd.
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ams AG designs, manufactures, and sells sensor and analog IC solutions worldwide. The company operates through Products and Foundry segments. It provides audio front-ends for personal media players and other mobile consumer devices, as well as standalone amplifiers and telephone integrated circuits (ICs); environmental sensors for appliance, automotive, building technology, consumer, and industrial applications; and light sensors products, including a portfolio of digital ambient light, digital color, proximity detection, light-to-digital, light-to-voltage, and light-to-frequency sensors, as well as linear sensor arrays for intelligent light sensing.
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