ANADIGICS (ANAD) Announces Strategic Restructuring, Updates Guidance
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Needham & Company Downgrades ANADIGICS (ANAD) to Hold
June 27, 2014 6:57 AM EDTNeedham & Company downgraded ANADIGICS (NASDAQ: ANAD) from Buy to Hold.
Analyst N. Quinn Bolton said, "ANADIGICS reduced 2Q14 revenue guidance due to lower than expected cellular sales. In response, the company announced a strategic restructuring to focus the business on opportunities in the... More
