Analyst: Linear Tech's outlook signals IC recovery
Dylan McGrath, EETimes
4/18/2012 2:21 PM EDT
Craig Berger, an analyst with FBR Capital Markets, said his firm was "apathetic" about Linear Tech's stock. In a report circulated Wednesday, Berger listed several semiconductor stocks that FBR finds more appealing, including Broadcom Corp., Qualcomm Inc., Atmel Corp., Maxim Integrated Products Inc., International Rectifier Corp. and Fairchild Semiconductor International Inc. Berger maintained FBR's "underperform" rating on Linear Tech's stock, increased his estimates for firm slightly and increased its price target to $31 from $30.
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