RF Micro Devices (RFMD +9.1%) soars after receiving an upgrade to Overweight from Barclays,...

|By:, SA News Editor

RF Micro Devices (RFMD +9.1%) soars after receiving an upgrade to Overweight from Barclays, which is setting a PT of $6. Shares haven't performed well over the last couple of years, thanks in large part to the power amplifier vendor's exposure to share-losing Nokia, RIM, and HTC. But it also has some Samsung exposure and two iPhone 5 design wins. (yesterday)