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Fly News Breaks for March 1, 2016
LLTC
Mar 1, 2016 | 08:44 EDT
As previously repoted, BofA/Merrill analyst Vivek Arya downgraded Linear Technology to Underperform from Neutral. The analyst lowered estimates and reduced his price target to $44 from $46 on shares to reflect a more modest cyclical recovery and sees limited room for multiple expansion.
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