RF Micro Devices, Inc. (NASDAQ:RFMD) Stock Receives Broker Coverage


Dallas, Texas 03/12/2014 (FINANCIALSTRENDS) – RF Micro Devices, Inc.(NASDAQ:RFMD) is a Greensboro  headquartered radio frequency solutions provider. This technology company has several years of experience in developing, designing and manufacturing a range of radio frequency solutions. The key lines of services for this company are the single-function components which are worked into integrated circuits as well as multi-chip modules. The integrated circuits which this company provides is the low noise amplifiers, gain blocks, power amplifier(Pas), antenna tuners, modulators, demodulators, switches, VCOs, frequency synthesizers as well as transceivers.  The other products which the company produces for its multi-chip modules isteh PA module, switch filter modules as well as the switch duplexer modules, Besides the range  of voltage-controlled oscillators or VCOs. The segments which the company works with include the phase-locked loops, coaxial resonator oscillators as well as the variable gain amplifiers. The hybrid amplifiers as well as the power doublers are some of the other products within this range.

Cellular Products Group (CPG) as well as the Multi-products Group (MPG) in the fiscal 2013 are realigned for the semiconductor Group as well as its MPG.

Stock receives broker coverage

RF Micro Devices, Inc. (NASDAQ:RFMD) has since the past few weeks seen some high brokerage coverage. The most recent of these is the coverage provided by Ascendiant Capital Markets, which is an Equities researcher.  The company issued a research report in which it preferred to rate the company as BUY. Meanwhile, rating by other analysts, such as EVA Dimensions saw the rating of the stock downgrade from the HOLD rating to the UNDERWEIGHT rating. The company also received an upgrade from Bank of America- which moved the company from the Neutral rating to BUY rating. The price target for the same has now been revised. It now stands at $10.00 price target. This is an increase for the company from the previous which was $5.50. Additionally, analysts at Brean Capital too raised the Price Target from the company from the previous $10.00 to $7.00.

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