Linear Tech Reports Solid 2Q Results as ADI Deal is Expected to Close; Raising FVE to $61
Linear Technology reported solid fiscal second-quarter results that were relatively in line with our expectations. Given that the firm’s pending merger with Analog Devices should close next quarter, Linear did not provide investors with a third-quarter forecast and did not host a conference call in conjunction with its earnings report. We are raising our fair value estimate for Linear to $61 per share from $60, as investors will receive $46 per share in cash and 0.2321 shares of ADI stock, which...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.