JMP Securities lowers its rating on International Rectifier (IRF -2.9%) to Market Perform from...

|About: International Rectifier C... (IRF)|By:, SA News Editor

JMP Securities lowers its rating on International Rectifier (IRF -2.9%) to Market Perform from Outperform, and cuts FY12 EPS estimates to $2.15 from $2.42. The firm expects downward guidance on revenue from the chip-maker when it reports on August 17th due to diminished supply demands.