Roth Capital analyst Suji Desilva downgraded QuickLogic to Neutral from Buy and lowered his price target for the shares to 50c from $1.50. The stock in early trading is down 26% to 52c. The company last night guided Q2 revenue and margin below prior expectations, reflecting $1.5M of mature military/aerospace demand pushout to Q3, Desilva tells investors in a research note. The updated revenue guidance represents a 30% quarter-over-quarter sales decline, the analyst points out. With QuickLogic's 2019 revenue now more back-end loaded than previously expected, Desilva sees reduced near-term visibility. The analyst, however, remains encouraged by QuickLogic's sensor processing and "AI-related design win traction."