Needham Upgrades Freescale Semiconductor To Buy

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Freescale Semiconductor, Ltd.

(NYSE: FSL) 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.