Linear Technology Corporation (LLTC) has an average broker rating of 3.13, which is interpreted as a Hold, as rated by 16 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 12 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 2 considers that the stock is a Sell.
Linear Technology Corporation (LLTC) : 9 Wall Street analysts covering Linear Technology Corporation (LLTC) believe that the average level the stock could reach for the short term is $58.78. The maximum price target given is $64 and the minimum target for short term is around $44, hence the standard deviation is calculated at $6.08.
Company shares have received an average consensus rating of Hold for the current week Linear Technology Corporation (NASDAQ:LLTC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $58.64 and $58.64 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $58.99. The buying momentum continued till the end and the stock did not give up its gains. It closed at $58.87, notching a gain of 0.29% for the day. The total traded volume was 1,593,227 . The stock had closed at $58.70 on the previous day.
In a related news,The officer (VP of Quality & Reliability) of Linear Technology Corp /Ca/, Chantalat V Paul sold 15,000 shares at $45.91 on April 25, 2016. The Insider selling transaction had a total value worth of $688,650. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.