Jefferies Upgrades Analog Devices (ADI) to Buy, $56 PT

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Jefferies Downgrades ON Semi (ONNN) to Hold

July 11, 2013 7:54 AM EDT

Jefferies downgraded ON Semi (NASDAQ: ONNN) from Buy to Hold with a price target of $8.50 (from $10.00).

The firm comments, "We believe that semis have entered the late innings of the cycle, and move to a Hold on ONNN. While we... More

Jefferies Downgrades Avago Technologies (AVGO) to Hold

July 11, 2013 7:00 AM EDT

Jefferies downgraded Avago Technologies (NASDAQ: AVGO) from Buy to Hold with a price target of $42.00.

Analyst Mark Lipacis states, "We believe that semis have entered the late innings of the cycle, and move to a Hold rating on AVGO. While we... More