UPDATE - Nomura Securities Upgrades Linear Tech (LLTC) to Buy; Attractive Risk/Reward Profile
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Price: $65.00 --0%
Rating Summary:
1 Buy, 16 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
1 Buy, 16 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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UPDATE - Nomura Securities upgrades Linear Tech (Nasdaq: LLTC) from Neutral to Buy. PT $35.
Analyst, Romit Shah, said, "For defensive minded investors, Linear should be a focus name. The company is high quality on several metrics (RoE, free cash flow), the dividend yields above 3%, and the stock is trading 16% above its 5-year trough P/E. Furthermore, we believe consensus estimates are conservative into earnings on Tuesday."
To see more ratings on LLTC, Click Here
Analyst, Romit Shah, said, "For defensive minded investors, Linear should be a focus name. The company is high quality on several metrics (RoE, free cash flow), the dividend yields above 3%, and the stock is trading 16% above its 5-year trough P/E. Furthermore, we believe consensus estimates are conservative into earnings on Tuesday."
To see more ratings on LLTC, Click Here
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