Hittite Microwave (HITT -2.4%) shares are lowered to Hold from Buy at Needham, which cites...

|About: Hittite Microwave Corporation (HITT)|By:, SA News Editor

Hittite Microwave (HITT -2.4%) shares are lowered to Hold from Buy at Needham, which cites concerns that estimates may be revised lower following the radio frequency components maker's upcoming earnings report. Many of HITT's peers are experiencing declines of 20% or more in revenue from wireless infrastructure manufacturers, the firm says.