Zacks Investment Research downgraded shares of FREESCALE SEMI (FSL) from OUTPERFORM to NEUTRAL on June 07, 2013, with a target price of $17.90.
Freescale Semiconductor Holdings I, Ltd. processes semiconductors and solutions for automotive, networking, industrial, and consumer markets worldwide. Products offered by the Company include networking and multimedia microprocessors, including communication processors, digital signal processors, and multimedia and application processors. Solutions offered by Freescale include microcontrollers for automotive and industrial markets and wireless connectivity products for the industrial and consumer markets radiofrequency integrated circuits, including power transistors, amplifiers, receivers, and tuners sensors comprising acceleration, pressure, proximity, touch, magnetic, and radar sensors and analog, mixed-signal, and power management integrated circuits, such as switches, power management devices, battery and motor control devices, CAN/LIN network transceivers, and signal conditioners. Freescale Semiconductor Holdings I, Ltd. is based in Austin, Texas.
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