Hittite Microwave Corporation (NASDAQ:HITT) today announced that it will present at the Stifel Nicolaus Technology and Telecom Conference on Tuesday, February 7, 2012, at The St. Regis Monarch Beach Hotel, Dana Point, CA. Hittite’s presentation is currently scheduled for 2:40 p.m. PT. A webcast of the company’s presentation will be available on the investor relations page of the company’s website at www.hittite.com. About Hittite Microwave Corporation Hittite Microwave Corporation is an innovative designer and manufacturer of high performance integrated circuits, or ICs, modules, subsystems and instrumentation for technically demanding digital, RF, microwave and millimeterwave applications covering DC to 110 GHz. The company's standard and custom products apply analog, digital and mixed-signal semiconductor technologies, which are used in a wide variety of wireless & wired communication and sensor applications for the automotive, broadband, cellular infrastructure, fiber optics, microwave & millimeterwave communications, military, space and test & measurement markets. The company is headquartered in Chelmsford, Massachusetts.
Hittite Microwave (HITT) stock has been downgraded to "neutral" from "buy," D.A. Davidson said Tuesday. The firm said the recent bid from Analog Devices (ADI) to purchase the company for $78 a share will likely close as expected in August.