Eight Analyst Firms Start Freescale Semi (FSL) at Buy-Equivalent Rating

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July 5, 2011 7:52 AM UTC
Get Alerts FSL Hot Sheet
Price: $36.53 --0%

Rating Summary:
    8 Buy, 10 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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A number of analyst firms have initiated coverage on shares of Freescale Semi (NYSE: FSL) Tuesday morning, all with bullish ratings:
  • Citi - Buy rating, $26 price target
  • JPMorgan - Overweight, $25 target
  • Barclays - Overweight, $24 target
  • Piper Jaffray - Overweight, $27 target
  • Oppenheimer - Outperform, $24 target
  • Credit Suisse - Outperform, $27 target
  • Gleacher - Buy rating, $28 price target
  • Pacific Crest - Outperform rating, $23 price target
Shares of Freescale closed last week's trading session at $19.75.

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Credit Suisse, Piper Jaffray, JPMorgan, Citi, Barclays, Pacific Crest Securities