Atheros Communications (ATHR) shares are trading modestly lower after Barclays Capital analyst Romit Shah this morning reduced his rating on the stock to Equal Weight from Overweight. He keeps his $40 target.

“While the design win pipeline has never been strong, it is unclear if notebooks and the 802.11m product cycle in networking can overwhelm like-for-like pricing and share loss in netbooks,” he writes in a research note.

ATHR is down $1.20, or 3.2%, to $36.02.

Article courtesy of BARRONS.com: Tech Trader Daily