Credit Suisse Downgrades Audience, Inc. (ADNC) to Underperform

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Go back to Credit Suisse Downgrades Audience, Inc. (ADNC) to Underperform

Deutsche Bank Downgrades Audience, Inc. (ADNC) to Sell; No Longer the Apple of Our Eye

September 7, 2012 7:30 AM EDT

Deutsche Bank downgraded Audience, Inc. (NASDAQ: ADNC) to Sell with a price target of $5.00 (from $22.00).

Deutsche analyst said, "Audience announced that they would not be included in the iPhone 5 and likely not be included in future Apple (Nasdaq:... More

JPMorgan Downgrades Audience, Inc. (ADNC) to Neutral

September 7, 2012 7:15 AM EDT

JPMorgan downgraded Audience, Inc. (NASDAQ: ADNC) from Overweight to Neutral with a price target of $10.00 (from $24.00) after the company warned about losing Apple business.

For an analyst ratings summary and ratings history on Audience, Inc.... More

Audience (ADNC) Says Processor IP Might Not Be Used by Apple (AAPL) in iPhone 5; Boosts Q3 Outlook

September 6, 2012 4:27 PM EDT

Audience, Inc. (Nasdaq: ADNC) provided an update on the prospects for use of its processor intellectual property (processor IP) in the next generation mobile phone release of a large OEM customer. Additionally, Audience provided an update to its business outlook for the third quarter of 2012.

Product Transition

Audience sells processors and licenses its processor IP to Apple Inc. (Nasdaq: AAPL) and certain of its subsidiaries (collectively, OEM) for inclusion in the OEM's mobile phones pursuant to a Master Development and Supply Agreement (MDSA).... More