Nomura Securities Maintains a 'Buy' on Linear Technology (LLTC); Q3 Review
Get Alerts LLTC Hot Sheet
Price: $65.00 --0%
Rating Summary:
1 Buy, 16 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
1 Buy, 16 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
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.
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Fiserv (FISV) PT Lowered to $60 at Freedom Broker
- Freedom Broker Upgrades Lifeway Foods (LWAY) to Buy
- BofA Securities Resumes American Eagle Outfitters (AEO) at Underperform
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeRelated Entities
NomuraSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share