Zacks Rating on Linear Technology Corporation (LLTC)

Linear Technology Corporation (LLTC) : The consensus on Linear Technology Corporation (LLTC) based on 15 analyst recommendation on the company stock is 3.13, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 11 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 2 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Linear Technology Corporation (LLTC).

Linear Technology Corporation (LLTC) : The highest level Linear Technology Corporation (LLTC) is projected to reach is $64 for the short term and the lowest estimate is at $44. The consolidated price target from 8 rating analysts who initiate coverage on the stock is $58.38 and the possibility the share price can swing is $6.37.


Shares of Linear Technology Corporation rose by 0.05% in the last five trading days and 21.89% for the last 4 weeks. Linear Technology Corporation is up 25.73% in the last 3-month period. Year-to-Date the stock performance stands at 41.22%. Linear Technology Corporation (NASDAQ:LLTC): On Tuesdays trading session , Opening price of the stock was $58.7 with an intraday high of $59.2. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $58.68. However, the stock managed to close at $58.76, a loss of 0.17% for the day. On the previous day, the stock had closed at $58.86. The total traded volume of the day was 1,386,313 shares.

Linear Technology Corporation (Linear Technology) is engaged in designing, manufacturing and marketing a line of high performance analog integrated circuits for companies across the world. Linear Technology produces power management, data conversion, signal conditioning, RF and interface ICs, Module subsystems, and wireless sensor network products. The Company produces a range of products for a variety of customers and markets. The Companys SmartMesh IP and SmartMesh WirelessHART technology offers wireless network based solutions using low power electronic components, board level products with mesh networking and software addressing high level applications such as industrial process automation, data center energy management, building energy management, renewable energy monitoring, and transportation management systems.

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