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Enter Symbol:
 
Hittite Microwave Corporation (HITT) [hlAlert]

Rating:
Outperform
HITT
up 38.79 %

Hittite Microwave Corporation (HITT) rated Outperform by Wells Fargo

Posted on: Tuesday,  Nov 13, 2012  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Hittite Microwave Corporation (NASDAQ: HITT) on 11/13/2012, when the stock price was $56.20. Since
then, Hittite Microwave Corporation has gained 38.79% as of 07/22/2014's recent price of $78.00.
If you would have followed this Wells Fargo's recommendation on HITT, you would have gained 38.79% of your investment in 616 days.

Hittite Microwave Corporation designs and develops integrated circuits (ICs), modules and subsystems for radio frequency (RF) microwave and millimeterwave applications. The Company offers a range of standard and custom ICs, modules and subsystems that perform a range of functions across the RF, microwave and millimeterwave frequency bands. As of December 31, 2008, the Company had approximately 730 standard products spanning 20 product lines. The products are used in a range of wired and wireless communications applications, such as cellular telephone base stations, microwave and millimeterwave radio systems, broadband wireless access systems, and direct broadcast satellite systems. They are also used in detection, measurement and imaging applications including military communication, targeting, guidance and electronic countermeasure systems, commercial, scientific and military spacecraft, automotive collision avoidance systems, medical imaging systems and industrial test equipment.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/13/2012 8:25 AM Buy
None
56.20
as of 12/31/2012
1 Week up  1.12 %
1 Month up  2.27 %
3 Months up  10.42 %
1 YTD up  10.42 %

(*) Stock Price at the time of the recommendation.
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