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Rf Micro Devices, Inc. (RFMD) [hlAlert]

Rating:
Hold RFMD
up 35.50 %

Rf Micro Devices, Inc. (RFMD) downgraded to Hold by Needham

Posted on: Monday,  Dec 29, 2014  8:25 AM ET by Needham

Needham rated Hold Rf Micro Devices, Inc. (NASDAQ: RFMD) on 12/29/2014. Previously Needham rated Buy Rf Micro Devices, Inc. (NASDAQ: RFMD) on
10/30/2014., when the stock price was $12.14. Since then, Rf Micro Devices, Inc. has gained 35.50% as of 12/29/2014's recent price of $16.45.
If you would have followed the previous Needham's recommendation on RFMD, you would have gained 35.5% of your investment in 60 days.

RF Micro Devices, Inc. is a global leader in the design and manufacture of high-performance radio systems and solutions for applications that drive mobile communications. RFMD's power amplifiers, transmit modules, cellular transceivers and system-on-chip solutions enable worldwide mobility, provide enhanced connectivity and support advanced functionality in current and next-generation mobile handsets, cellular base stations, wireless local area networks, wireless personal area networks and global positioning systems. Recognized for its diverse portfolio of state-of-the-art semiconductor technologies and vast RF systems expertise, RFMD is a preferred supplier enabling the world's leading mobile device manufacturers to deliver advanced wireless capabilities that satisfy current and future market demands.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/29/2014 8:25 AM Hold
None
16.45
as of 10/17/2014
1 Week up  6.34 %
1 Month down  -12.63 %
3 Months up  6.01 %
1 YTD up  98.25 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/30/2014 9:25 AM Buy
None
12.14 14.00
7/25/2012 8:28 AM Buy
None
3.57 5.00
8/10/2011 8:25 AM Buy
None
5.56 7.00
2/1/2008 9:25 AM Buy
None
3.11

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