Eight Analyst Firms Start Freescale Semi (FSL) at Buy-Equivalent Rating

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A number of analyst firms have initiated coverage on shares of Freescale Semi (NYSE: FSL) Tuesday morning, all with bullish ratings:

• Citi - Buy rating, $26 price target
  
• JPMorgan - Overweight, $25 target
  
• Barclays - Overweight, $24 target
  
• Piper Jaffray - Overweight, $27 target
  
• Oppenheimer - Outperform, $24 target
  
• Credit Suisse - Outperform, $27 target
  
• Gleacher - Buy rating, $28 price target
  
• Pacific Crest - Outperform rating, $23 price target

Shares of Freescale closed last week's trading session at $19.75.

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Credit Suisse, Piper Jaffray, JPMorgan, Citi, Barclays, Pacific Crest Securities

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