JP Morgan Upgrades Linear Technology To Neutral

JP Morgan upgraded Linear Technology Corporation LLTC from Underweight to Neutral. The price target for Linear Technology has been raised from $40.00 to $48.00. Linear Technology shares have gained 4.16 percent over the past 52 weeks, while the S&P 500 index has surged 11.12 percent in the same period. Linear Technology shares jumped 0.90 percent to $46.48 in pre-market trading.