Wed, Sep 17, 2014, 12:51 AM EDT - U.S. Markets open in 8 hrs 39 mins

Recent

% | $
Quotes you view appear here for quick access.

Analog Devices, Inc. Message Board

  • brianlee00_2000 brianlee00_2000 Jun 19, 2008 12:08 PM Flag

    Jefferies analyst keeps buy rating on RFMD

    Jefferies & Co. chip analyst John Lau this morning cut estimates for both RF Micro Devices (RFMD) and Advanced Analogic Technologies (AATI) due to the impact on the two semiconductor companies from weakness in China’s wireless handset market related to the recent earthquake.

    “Our calls to Asia over the last few nights indicate continued weakness and volatility in local wireless handsets due to the recent earthquake in China,” he writes this morning. “Local brand handsets are more impacted than the Tier 1 handset sales.”

    For RFMD, he cuts his June quarter revenue estimate to $231.88 million from $240 million. His EPS estimate remains a penny a share. For the March 2009 fiscal year, his EPS estimate drops to 25 cents, from 28 cents. For 2010, he goes to 41 cents, from 44 cents. Lau keeps his Buy rating on the stock, but cuts his target price to $6 from $6.50.

 
ADI
49.20+0.33(+0.68%)Sep 16 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.