Peregrine downgraded to Hold from Buy at Canaccord Canaccord downgraded Peregrine (PSMI) following a teardown analysis of the iPhone 5S and 5C that indicates the lost of main antenna switch to Skyworks (SWKS) and RF Microdevices (RFMD). The firm believes the loss will have a meaningful impact on sales and lowered estimates. Price target lowered to $10 from $13.
News For PSMI From The Last 14 Days
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