Zacks Investment Research downgraded shares of GIGOPTIX INC (GIG) from OUTPERFORM to NEUTRAL on July 30, 2014, with a target price of $1.60.
GigOptix, Inc., a fabless semiconductor manufacturer, provides electronic engines for the optically connected digital world. It engages in the design and manufacture of high speed integrated circuits that connect the optical and electronic domains. The companys portfolio of high speed electronic devices include polymer electro-optic modulators, modulator drivers, laser drivers, and transimpedance amplifiers for telecom, datacom, infiniband, military/avionics/test, and consumer optical systems worldwide, covering serial and parallel laser technologies from 1G-100Gbps.
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