UPDATE: Stifel Nicolaus Downgrades BCD Semiconductor to Hold Following Acquisition by Diodes
December 28, 2012 at 10:16 AM EST
Stifel Nicolaus reduced its rating on BCD Semiconductor (NASDAQ: BCDS ) from Buy to Hold and removed its previous $7 price target. Stifel Nicolaus noted, "We view this transaction to be positive for the companies involved, as scale matters in commodity analog. Moreover, we believe the merger is a
