SILICON MOTION (SIMO) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of SILICON MOTION (SIMO) from OUTPERFORM to NEUTRAL on February 21, 2013, with a target price of $17.50.

Silicon Motion Technology Corporation designs, develops and markets universally compatible and low-power semiconductor solutions for the multimedia consumer electronics market. The company sells its semiconductor solutions to original equipment manufacturers and design manufacturers worldwide.

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