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RBC's upgrade of Freescale Semiconductor (FSL -1.4%) is riddled with so many negatives, it's...
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Monday, March 12, 2012, 11:58 AM ETRBC's upgrade of Freescale Semiconductor (FSL -1.4%) is riddled with so many negatives, it's little wonder shares are lower. FQ1 results (in April), long-term revenue growth and gross margins likely will come up short, the firm says. But FSL should de-leverage its massive debt pile in coming years, which would decrease the rate on its remaining debt, boosting EPS.
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