Linear Technology Corp. (LLTC) Reports In-Line Q1 EPS

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Go back to Linear Technology Corp. (LLTC) Reports In-Line Q1 EPS

Susquehanna Raises Price Target on Linear Technology Corp. (LLTC) Following 1Q16 Results

October 15, 2015 7:53 AM EDT

Susquehanna reiterated a Neutral rating on Linear Technology (NASDAQ: LLTC), and raised the price target to $41.00 (from $40.00), following the company's 1Q16 earnings results and conference call. LLTC reported revenue of $341.9 mln, slightly below consensus of $343.4 mln. However, EPS of $0.46 was in-line with consensus.

Analyst ChrisCaso commented, "For investors looking to LLTC to... More