Piper Jaffray Maintains an 'Overweight' on Linear Technology (LLTC); Raises PT & Estimates

October 14, 2009 7:45 AM EDT

Piper Jaffray & Co. maintains an Overweight rating on Linear Technology Corp. (Nasdaq: LLTC), raises price target to $33 from $30.

Piper analyst raises FY10 revenues from $921.0 million to $1,011.1 million. Raises FY11 revenues from $1,080.0 million to $1,150.0 million

Piper analyst raises FY10 EPS from $1.07 to $1.20. Raises FY11 EPS from $1.45 to $1.55.

To see more analyst ratings on LLTC Click Here.

Linear Technology Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of linear integrated circuits worldwide.


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