In addition to its downgrade of Linear Technology (LLTC -1.6%), UBS is cutting analog peer Texas...

|About: Linear Technology Corporation (LLTC)|By:, SA News Editor

In addition to its downgrade of Linear Technology (LLTC -1.6%), UBS is cutting analog peer Texas Instruments (TXN -1.3%) to Neutral. The firm notes the mobile infrastructure market (20% of TI's sales) remains weak, and that the industrial market (18% of sales) is being held back by soft Chinese demand. The firm is more bullish on rivals ADI and MXIM, which it thinks have better operating leverage.