UPDATE: JP Morgan Downgrades Freescale Semiconductor to Neutral on Muted Demand

UPDATE: JP Morgan Downgrades Freescale Semiconductor to Neutral on Muted Demand

By: Latest Articles from Benzinga.com

Posted on January 04, 2013 at 13:34 PM EST

JP Morgan reduced its rating on Freescale Semiconductor (NYSE: FSL ) from Overweight to Neutral while reiterating its price target at $13. JP Morgan noted, "FSL has appreciated 55% from its bottom in November and is ~10% away from our price

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Freescale Semiconductor

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