Linear Technology Corp. (LLTC) Tops Q2 EPS by 4c

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Go back to Linear Technology Corp. (LLTC) Tops Q2 EPS by 4c

UBS Says Linear Technology Corp. (LLTC) Appears Stable Despite Headwinds - Reiterates Sell

January 21, 2016 10:42 AM EST

UBS reiterated a Sell rating on Linear Technology (NASDAQ: LLTC), and cut the price target to $39.00 (from $41.00), following the company's 2Q earnings report. Overall, Linear's business appears stable despite macro headwinds, and likely remains somewhat defensive given end market and customer diversity. All segments other than computing saw q/q growth, but automotive was particularly strong and continues to be... More