UPDATE: Bank of America Upgrades RF Micro Devices Following Merger With TriQuint Semiconductor
March 03, 2014 at 08:25 AM EST
In a report published Monday, Bank of America analyst Vivek Arya upgraded the rating on RF Micro Devices (NASDAQ: RFMD ) from Neutral to Buy, and reiterated the $10.00 price target. In the report, Bank of America noted, “We upgrade RFMD to Buy with $10 PO, or ~40% upside potential