Craig Hettenbach

Broadcom Ltd (NASDAQ: AVGO) reported its first quarterly results as a combined entity with Avago. Shares jumped following higher-than-expected results and guidance. Morgan Stanley’s Craig Hettenbach maintained an Overweight rating for the company, while raising the price target from $182 to...

According to Morgan Stanley analyst Craig Hettenbach, Microchip Technology Inc. (NASDAQ: MCHP)'s acquisition of Atmel Corporation (NASDAQ: ATML) is “the most identifiable catalyst for the stock we have seen in years.” In a new report, Hettenbach explained why, after years of...

The share price of NXP Semiconductors NV (NASDAQ: NXPI) has increased by 15.53 percent year-to-date, hitting a high of $112.25 on May 29. Morgan Stanley’s Craig Hettenbach has reinitiated coverage of the company with an Overweight rating and price target of $115. Hettenbach expects...

In a report published Friday, Morgan Stanley analyst Craig Hettenbach reiterated his Overweight rating on Avago Technologies Ltd (NASDAQ: AVGO). The price target was raised from $154 to $160. The analysts expect generalist investors to find the stock very attractive, given its EPS roadmap. The...

In a report published Monday, Morgan Stanley analyst Craig Hettenbach reiterated an Overweight rating on TE Connectivity Ltd. (NYSE: TEL), but lowered the price target from $79.00 to $77.00. In the report, Morgan Stanley noted, “We lower our estimates to reflect meaningful strength in the dollar....

Spansion Inc. (NYSE: CODE) and Cypress Semiconductor Corporation (NASDAQ: CY) announced on Monday they will merge in a 50-50 all-stock deal with a conversion ratio of 2.457 Cypress shares for each Spansion share. The companies believe that the combination will create a global leader in...

In a report published Tuesday, Morgan Stanley analyst Craig Hettenbach reiterated an Underweight rating on ON Semiconductor Corp (NASDAQ: ONNN), but removed the $8.00 price target. In the report, Morgan Stanley noted, “Given ON's mixed track record in M&A, including the struggles with SANYO,...

On Tuesday, analysts at Morgan Stanley raised the price target on shares of Avago Technologies Ltd (NASDAQ: AVGO) from $90 to $96 and maintained the Overweight rating. Craig Hettenbach outlined reasons for the price target increase. Increasing estimates to reflect better-than-expected growth...

In a report published Wednesday, Morgan Stanley analyst Craig Hettenbach reiterated an Overweight rating on Linear Technology Corporation (NASDAQ: LLTC), but removed the $48.00 price target. In the report, Morgan Stanley noted, “All eyes are on Linear's earnings call tomorrow following the sharp...

In a note released Friday morning, Morgan Stanley analyst Craig Hettenbach explained the reasons why Linear Technology Corporation (NASDAQ: LLTC) was removed from the firm's Best Ideas List, despite having its Overweight rating maintained. Hettenbach commented, "We view LLTC as a core holding...

In a report published Thursday, Morgan Stanley analyst Craig Hettenbach reiterated an Overweight rating and $75.00 price target on TE Connectivity Ltd (NYSE: TEL). In the report, Morgan Stanley noted, “The Sensor market increases TEL's TAM by 140% to $120bn and should help to accelerate the company...

In a report published Friday, Morgan Stanley analyst Craig Hettenbach reiterated an Overweight rating on Fairchild Semiconductor Intl Inc (NASDAQ: FCS), and raised the price target from $18.00 to $21.00. In the report, Morgan Stanley noted, “FCS hosted an eventful analyst day in NY, its first in 4...

In a report published Friday, Morgan Stanley analyst Craig Hettenbach reiterated an Overweight rating on Avago Technologies Ltd. (NASDAQ: AVGO), and raised the price target from $82.00 to $97.00. In the report, Morgan Stanley noted, “We remain Overweight AVGO as the company's above-average growth,...