Co-founder and Chairman Ray Stata Accepts IEEE Award Recognizing Analog Devices for Innovation and Industry Leadership

Analog Devices (ADI) PT Raised to $100 at Oppenheimer Following 2Q Beat

Oppenheimer raised its price target on Analog Devices (NASDAQ: ADI) to $100.00 (from $90.00) while maintaining an Outperform rating. ADI reported 2Q sales of $1.21B, easily ahead of the Street's $1.10B estimate. 2Q EPS of $1.03 topped the Street's $0.85 estimate.

Analyst Rick Schafer says that... More

Analog Devices (ADI) PT Raised to $100 at BofA/Merrill Lynch Following Solid 2Q

BofA/Merrill Lynch raised its price target on Analog Devices (NASDAQ: ADI) to $100.00 (from $92.00) while maintaining a Buy rating. ADI reported 2Q sales 10% ahead of estimates, while EPS was reported 17% ahead of expectations. Pro-forma sales were up 21% YoY with much of beat driven by... More

Analog Devices (ADI) PT Raised to $100 at Argus Following 2Q

Argus raised its price target on Analog Devices (NASDAQ: ADI) to $100.00 (from $92.00) while maintaining a Buy rating. ADI reported 2Q annual GAAP revenue growth of 47% and non-GAAP EPS growth of 61%. Non-GAAP profits and margins benefited from the acquisition of Linear Technologies.

ADI is up... More

Analog Devices (ADI) PT Raised to $97 at Stifel Following 2Q Beat

Stifel raised its price target on Analog Devices (NASDAQ: ADI) to $97.00 (from $95.00) while maintaining a Buy rating following the company's 2Q. ADI sales were $1,000.5mn, well above the revised guidance of $910-$950mn. EPS of $1.03 beat original guidance of $0.74-$0.86 and the Street... More

Analog Devices (ADI) PT Raised to $84 at Deutsche Bank

Deutsche Bank raised its price target on Analog Devices (NASDAQ: ADI) to $84.00 (from $80.00) while maintaining a Hold rating. ADI delivered a strong report and guidance as its B2B segments were stronger than anticipated.... More

Analog Devices (ADI) PT Raised to $105 at Drexel Hamilton Following April Quarter

Drexel Hamilton raised its price target on Analog Devices (NASDAQ: ADI) to $105.00 (from $93.00) while maintaining a Buy rating following the company's April quarter. Broadly, the company beat the revenue consensus by about $100 million, with EPS upside of about $0.18. The EPS upside was driven by... More