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
Altera (ALTR) is trading at $3.42.Resistance level is $3.23and support at 3.60.
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