Jefferies Reiterates Hold and PT of $34 on Linear Technology

Jefferies reiterated its Hold rating on Linear Technology LLTC. At the same time, the rating agency left its price target on the company's stock unchanged at $34. On Tuesday, LLTC added 0.32% to its value to end the day at $31.20. Its shares lost all of yesterday's gains in today's pre-market trading, falling 3.85% to stand around $30.