US communication chip sector upped by Lehmans, selected ratings hiked 08.07.2003 14:12 Headlines LONDON (AFX) - The US semiconductor and communications sector has been upgraded to positive by Lehman Brothers, along with several key ratings in the sector, dealers said. The broker hiked its sector rating to positive on the back of improving order trends, low inventory levels at customers, and relatively conservative estimates for second half of 2003 and 2004. Within the new note, Lehman Brothers also upped its ratings on Silicon Laboratories, Marvel Technology, Agere Systems and Broadcom Corp to 'overweight' from the previous 'equal weight'. No further details were immediately available. nm/bam
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