Linear Technology Corporation

In a report published Tuesday, Morgan Stanley Analyst Craig Hettenbach reiterated an Overweight rating and increased the Price Target on Linear Technology (NASDAQ: LLTC) to $54 from $47. Hettenbach anticipated Linear Technology to continue to gain market share to benefit from increased US cap-ex...

Credit Suisse is lowering its estimates on Linear Technology Corporation (NASDAQ: LLTC). “We lower 2011 rev/EPS ests to $1.49bn/$2.41 from $1.56bn/$2.45 vs. Street $1.55bn/$2.46,” Credit Suisse writes. “LLTC trades at 14.6x our new CY11 EPS vs. hist 15-25x range, and the group at 14.2x. FCF yield...

In addition to reaffirming its Underperform rating for Linear Technology Corporation (NASDAQ: LLTC), FBR Capital Markets said that is raising its calendar 2010 pro forma EPS estimate from $2.34 to $2.31. Linear reported robust calendar 3Q10 financial results but guided 4Q10 revenues a bit weaker...

Linear Technology Corporation (NASDAQ: LLTC) reported in line with consensus and a $0.01 below Piper Jaffray's estimate for the quarter. “While the company had a positive book-to-bill ratio in the quarter, bookings slowed throughout the quarter as lead time started to compress,” Piper Jaffray...