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FBR Capital Lowers PT On LLTC To $30
Wednesday, July 27, 2011 - 9:07am | 184FBR Capital is lowering its price target from $33 to $30 on Linear Technology Corp.. (NASDAQ: LLTC) following in-line quarter results from the company. Says FBR Capital, in the report, “Tuesday, Linear reported in-line calendar 2Q11 financial results (when ignoring a $0.13 tax benefit), but guided...
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Collins Stewart Reiterates Neutral and PT of $20 on Supertex
Wednesday, July 27, 2011 - 8:50am | 42Collins Stewart reiterated its Neutral rating on Supertex (NASDAQ: SUPX). At the same time, the rating agency left its price target on the company's stock unchanged at $20. On Tuesday, SUPX closed the day at $21.67.
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Lazard Lowers PT On Supertex To $25
Wednesday, July 27, 2011 - 8:35am | 27Lazard Capital Markets has lowered the price target on Supertex (NASDAQ: SUPX) from $28 to $25 and maintains its Buy rating.
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Piper Jaffray Lowers PT To $37 On LLTC
Wednesday, July 27, 2011 - 8:25am | 194Piper Jaffray has lowered its price target from $42 to $37 on Linear Technology Corp. (NASDAQ: LLTC) after a weak quarter. In its report, Piper Jaffray writes, “LLTC reported a soft June quarter and offered a weak outlook for the September quarter. This is in stark contrast to our expectation of a...
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Wunderlich Securities Reiterates Hold and PT of $32 on CEVA
Wednesday, July 27, 2011 - 8:07am | 47Wunderlich Securities reiterated its Hold rating on CEVA (NASDAQ: CEVA). At the same time, the rating agency left its price target on the company's stock unchanged at $32. On Tuesday, CEVA added 7.51% to its value to finish the day at $32.34.
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Citi Maintains Hold Rating On Linear Technology
Wednesday, July 27, 2011 - 7:54am | 105According to Citi, Linear Technology (NASDAQ: LLTC) reported an inline Jun-Q but guided Sep-Q sales down ~$25M, or by 6% to 8% qq to $333 vs. the prior +3.5% / $371M. Citi said that LLTC observed orders began to slow late in the Q citing: a) post-tsunami stocking reversing into greater than...
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Jefferies Reiterates Hold and PT of $34 on Linear Technology
Wednesday, July 27, 2011 - 7:44am | 62Jefferies reiterated its Hold rating on Linear Technology (NASDAQ: 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-...
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Sterne Agee Gives Update on RF Micro Devices
Wednesday, July 27, 2011 - 7:03am | 212Sterne Agee has published a report on RF Micro Devices Inc. (NASDAQ: RFMD) revising estimates after F1Q12 results. In the report, Sterne Agee wrote, "RFMD reported F1Q12 (Jun) non-GAAP revenues/EPS of $214.2M/$0.08 better than $207.7M/$0.07 consensus. Upside from strong 3G/4G Powersmart ramps...
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Piper Jaffray Lowers PT On Linear Technology To $37
Wednesday, July 27, 2011 - 6:44am | 27Piper Jaffray has lowered the price target on Linear Technology (NASDAQ: LLTC) from $42 to $37 and maintains its Overweight rating.
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Morgan Keegan Reiterates Outperform and PT of $8.50 on RF Micro Devices
Wednesday, July 27, 2011 - 6:24am | 62Morgan Keegan reiterated its Outperform rating on RF Micro Devices (NASDAQ: RFMD). At the same time, the rating agency left its price target on the company's stock unchanged at $8.50. On Tuesday, RFMD added 1.74% to its value to end the day at $6.45. Its shares continued to climb in today's pre-...
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Morgan Keegan Reiterates Market Perform on Supertex, Reduces PT to $19
Wednesday, July 27, 2011 - 6:20am | 48Morgan Keegan reiterated its Market Perform rating on Supertex (NASDAQ: SUPX). At the same time, the rating agency reduced its price target on the company's stock from $20 to $19. On Tuesday, SUPX lost 0.64% of its value to end the day at $21.67.
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Citigroup Lowers PT On Linear Technology To $33
Wednesday, July 27, 2011 - 6:20am | 26Citigroup has lowered the price target on Linear Technology (NASDAQ: LLTC) from $36 to $33 and maintains its Hold rating.
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Benzinga's Top ETF Decliners, July 26th (ZSL, URTY, SOXS, FXP)
Tuesday, July 26, 2011 - 7:23pm | 161ProShares UltraShort Silver (ETF) (NYSE: ZSL) lost 2.95% on Tuesday as silver traded higher. ZSL closed at $12.81, and it had a volume of 9.43M traded shares. ProShares UltraPro Russell2000 ETF (NYSE: URTY) traded lower today, along with the Russell 2000 Index. URTY dropped 2.36%, and the Russell...
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Playing Chicken 07-26-2011
Tuesday, July 26, 2011 - 6:46pm | 1029Cusick's Corner We finished right on the lows and the bureaucrats in Washington still think that it is ok to continue to play Deficit Chicken. The pullback in the Buck was something that caught my eye and explained the run in the Commodities, XLE/DBC/FCX, so these are the sectors that investment...
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What's The Dealio? 07-26-2011
Tuesday, July 26, 2011 - 3:08pm | 1112Cusick's Corner This is frustrating, choppy action in the markets today and when they start acting like this you really want to keep your focus and patience on positioning. Gold traders, GLD, are the most frustrated, this market looks like it should just turn over but just has not turned south,...