Needham cuts its rating for Kopin (KOPN -5.8%), a supplier of semiconductor products and...

|About: Kopin Corporation (KOPN)|By:, SA News Editor

Needham cuts its rating for Kopin (KOPN -5.8%), a supplier of semiconductor products and microdisplays for mobile applications, to Hold from Buy and forecasts a $0.01 EPS loss in 2012 vs. a prior $0.26 gain. KOPN's military segment is being hurt by Defense Department budget cuts, the firm says, forcing the company to forecast weak guidance.