RF Micro Devices weakness a buying opportunity, says Brean Capital Brean Capital attributes today's pullback in shares of RF Micro Devices to Coolpad's cautious commentary on its second half momentum due to increasing competition. The firm views the sell-off as a buying opportunity, saying RF Micro has factored in conservative expectations from China in its guidance. Brean reiterates a Buy rating on the stock with a $14 price target.
News For RFMD From The Last 14 Days
Check below for free stories on RFMD the last two weeks.
RF Micro Devices volatility flat, shares advance to record high RF Micro Devices September call option implied volatility is at 40, October and November is at 39; compared to its 26-week average of 39 according to Track Data, suggesting non-directional price movement.