Nomura Securities Maintains a 'Buy' on Linear Technology (LLTC); Q3 Review
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Price: $38.06 +0.85%
Rating Summary:
5 Buy, 9 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
5 Buy, 9 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade LLTC Now!
Nomura Securities maintains a 'Buy' on Linear Technology (NASDAQ: LLTC) price target raised from $35 to $37.
Analyst, Romit Shah, said, "For defensive-minded investors, we believe Linear should be a focus name. Forward guidance was good. We are seeing decent leverage. And the stock is trading closer to its trough (14x vs. 12x) than Texas Instruments (NYSE: TXN) (14x vs. 10x), ALTR (19x vs. 11x) and Analog Devices (NYSE: ADI) (15x vs. 11x)...CY12/13E EPS from $1.87/$2.25 to $1.85/$2.40, respectively."
For an analyst ratings summary and ratings history on Linear Technology click here. For more ratings news on Linear Technology click here.
Shares of Linear Technology closed at $33.05 yesterday, with a 52 week range of $25.41-$35.30.
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Analyst, Romit Shah, said, "For defensive-minded investors, we believe Linear should be a focus name. Forward guidance was good. We are seeing decent leverage. And the stock is trading closer to its trough (14x vs. 12x) than Texas Instruments (NYSE: TXN) (14x vs. 10x), ALTR (19x vs. 11x) and Analog Devices (NYSE: ADI) (15x vs. 11x)...CY12/13E EPS from $1.87/$2.25 to $1.85/$2.40, respectively."
For an analyst ratings summary and ratings history on Linear Technology click here. For more ratings news on Linear Technology click here.
Shares of Linear Technology closed at $33.05 yesterday, with a 52 week range of $25.41-$35.30.
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