Gilford Securities Leaves MEMC Electronic Materials Hold Rating Unchanged

Gilford Securities left its MEMC Electronic Materials WFR Hold rating unchanged in a company update research report published today. In the report, Gilford Securities states, " In conclusion, we continue to remain on the sideline with MEMC stock, despite their significant performance improvement in the SunEdison business due to lagging profitability on GAAP basis." Shares of MEMC Electronic Materials were trading at $10.07 at the time of posting, down 2.23% from Friday's market close.