Piper Jaffray is out with its update on the semiconductor industry, favoring Linear Technology LLTC in the high performance analog market.
In a note to clients, Piper Jaffray writes, "We are getting multiple data points that the high performance analog market is currently strong. We believe in particular, industrial and communication infrastructure demand is picking up as well as design activity. Within our coverage list we believe that this favors LLTC."
At the time of posting, shares of LLTC were trading pre-market at $34.75, up 2.03% from Friday's close.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: Analyst ColorAnalyst RatingsInformation Technologylinear technologyPiper JaffraySemiconductors
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in