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Hittite Microwave Corporation (HITT) [hlAlert]

Rating:
Buy HITT
up 23.63 %

Hittite Microwave Corporation (HITT) rated Buy with price target $75 by Stifel

Posted on: Friday,  Jul 26, 2013  9:25 AM ET by Stifel

Stifel rated Buy Hittite Microwave Corporation (NASDAQ: HITT) on 07/26/2013, when the stock price was $63.09. Since
then, Hittite Microwave Corporation has gained 23.63% as of 07/22/2014's recent price of $78.00.
If you would have followed this Stifel's recommendation on HITT, you would have gained 23.63% of your investment in 361 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.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/26/2013 9:25 AM Buy
None
63.09 75.00
as of 12/13/2013
1 Week down  -3.49 %
1 Month down  -3.37 %
3 Months down  -4.46 %
1 YTD down  -4.59 %

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