UPDATE: Morgan Stanley Raises PT on Linear Technology, LLTC to Benefit from Increased US Cap-Ex
January 29, 2014 at 09:22 AM EST
In a report published Tuesday, Morgan Stanley Analyst Craig Hettenbach reiterated an Overweight rating and increased the Price Target on Linear Technology (NASDAQ: LLTC ) to $54 from $47. Hettenbach anticipated Linear Technology to continue to gain market share to benefit from increased US cap-ex in Y14. In the report,