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Littelfuse (NASDAQ:LFUS) has been downgraded from Outperform to Perform in a report by Oppenheimer today.

Oppenheimer has downgraded Littelfuse (NASDAQ:LFUS) from Outperform to Perform in a statement released on Friday October 13, 2017.

Previously on 7/14/2017, Zacks Investment Research reported about Littelfuse (NASDAQ:LFUS) raised the target price from $0.00 to $193.00. At the time, this indicated a possible upside of 0.13%.

Yesterday Littelfuse (NASDAQ:LFUS) traded 1.38% higher at $209.04. The company’s 50-day moving average is $190.28 and its 200-day moving average is $172.68. The last stock close price is up 21.06% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 121,486 shares of the stock were exchanged, down from an average trading volume of 153,228

See Chart Below

Littelfuse (NASDAQ:LFUS)

Littelfuse has a 52 week low of $124.32 and a 52 week high of $209.85 with a P/E ratio of 32.90 The company’s market cap is currently $0.

In addition to Oppenheimer reporting its target price, a total of 4 firms have reported on the stock. The consensus target price is $131.50 with 3 firms rating the stock a strong buy, 1 firm rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Littelfuse (NASDAQ:LFUS)

Littelfuse, Inc. is a supplier of circuit protection products for the electronics, automotive and industrial markets. The Company operates through three segments. The Electronics segment provides circuit protection components for overcurrent and overvoltage protection, as well as sensor components and modules to manufacturers of a range of electronic products. The Automotive segment provides circuit protection and sensor products to the worldwide automotive original equipment manufacturers (OEM) and parts distributors of passenger automobiles, trucks, buses, and off-road equipment. The Industrial Segment provides circuit protection products for industrial and commercial customers. The Company also offers electronic reed switches and sensors, automotive sensors for comfort and safety systems and a range of electromechanical and electronic switch and control devices for commercial and specialty vehicles.

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