Linear Technology Corporation (NASDAQ:LLTC) has been downgraded to Market Perform in a statement by Oppenheimer Holdings Inc. earlier today.
- Updated: October 17, 2016
Having a price of $59.09, Linear Technology Corporation (NASDAQ:LLTC) traded -0.29% lower on the day. With the last stock price up 14.73% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. LLTC has recorded a 50-day average of $58.80 and a two hundred day average of $51.36. Trade Volume was down over the average, with 972,617 shares of LLTC changing hands under the typical 2,440,900
Oppenheimer Holdings Inc. has downgraded Linear Technology Corporation (NASDAQ:LLTC) to Market Perform in a statement released on 10/17/2016.
With a total market value of $0, Linear Technology Corporation has price-earnings ratio of 29.17 with a one year low of $37.33 and a one year high of $64.42 .
A total of 17 equity analysts have released a ratings update on LLTC. 3 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 13 brokers rating the stock a hold, 5 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell with a average stock price target of $45.35.
General Information About Linear Technology Corporation (NASDAQ:LLTC)
Linear Technology Corporation is engaged in designing, manufacturing and marketing a line of analog integrated circuits. The Company produces power management, data conversion, signal conditioning, radio frequency (RF) and interface integrated circuits (ICs) and wireless sensor network products, among others. The Company's principal product categories include amplifiers, high speed amplifiers, voltage regulators, voltage references, interfaces, data converters, battery stack monitors, silicon oscillators and timer blox, phase locked loop (PLL) synthesizers and clock distribution, SmartMesh embedded wireless sensor network, radio and microwave frequency circuits, Power Over Ethernet (PoE) Controllers, and Other. The Company's products provide a bridge between analog world and the digital electronics in communications, networking, industrial, transportation, computer, medical, instrumentation, consumer, and military and aerospace systems.
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