Wunderlich Securities Reiterates Buy and PT of $16 on MEMC Electronic Materials

Wunderlich Securities reiterated its Buy rating on MEMC Electronic Materials WFR. At the same time, the rating agency left its price target on the company's stock unchanged at $16. On Monday, WFR lost 0.94% of its value to finish the day at $7.35. Its shares rebounded in today's pre-market trading, rising 0.41% to stand around $7.38.