Needham Upgrades Freescale Semiconductor To Buy

Needham upgraded

from Buy to Strong Buy. The price target for Freescale Semiconductor has been raised from $35.00 to $45.00. Freescale Semiconductor shares have gained 50.14% over the past 52 weeks, while the S&P 500 index has surged 14.39% in the same period. Freescale Semiconductor's shares rose 13.85% to $30 in pre-market trading.