Stephens Starts Stock Coverage on RF Micro Device (RFMD)

By admin | 6 years ago

Analysts at Stephens initiated coverage on shares of RF Micro Device (NASDAQ: RFMD) in a research report issued to clients and investors on Thursday. The firm set an “overweight” rating on the stock.

Separately, analysts at UBS AG (NYSE: UBS) reiterated a “neutral” rating on shares of RF Micro Device in a research note to investors on Wednesday, April 25th.

RF Micro Device traded up 5.21% on Thursday, hitting $3.935. RF Micro Device has a 1-year low of $3.50 and a 1-year high of $7.89. The company has a market cap of $1.087 billion and a price-to-earnings ratio of 1246.67.

RF Micro Devices, Inc. (RFMD) is engaged in the design and manufacture of radio frequency (RF) components and compound semiconductor technologies.

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