Analog Devices (ADI) Warns on Q1 Results
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Nomura Securities Upgrades Analog Devices (ADI) to Neutral
January 15, 2016 10:30 AM ESTNomura Securities upgraded Analog Devices (NASDAQ: ADI) from Reduce to Neutral with a price target of $52.00, saying downside is limited from here.
Analyst Romit Shah commented, "Our Reduce rating was predicated upon our belief that as Apple grew to more than 20% of... More
Analog Devices' (ADI) Pre-Announced 1Q Revenue Shortfall Attributed to Weak Customer Demand - Stifel Cuts PT to $64
January 15, 2016 9:42 AM ESTStifel maintained a Buy rating on Analog Devices (NASDAQ: ADI), and cut the price target to $64.00 (from $72.00), following the company's preannounced 1Q16 results. Revenue is now expected to be in the range of $745mn-$765mn, as compared with the companys original guidance of $805mn-$855mn. The revenue shortfall is attributed to... More
Sterne Agee CRT Remains Bullish on Analog Devices (ADI) as Apple (APPL) Risks are All but Removed
January 15, 2016 8:39 AM ESTSterne Agee CRT maintained a Buy rating on Analog Devices (NASDAQ: ADI), and cut the price target to $65.00 (from $71.00), following the company's negative earnings pre-announcement. Sterne Agee continues to see ADI as a positive investment as the risk related to Apple (NASDAQ:... More
RBC Capital Cuts Price Target on Analog Devices (ADI) Following Negative Pre-Announcement
January 15, 2016 8:30 AM ESTRBC Capital maintained an Outperform rating on Analog Devices (NASDAQ: ADI), and cut the price target to $58.00 (from $69.00), following the company's negatively pre-announced earnings results. ADI noted that the negative pre-announcement was isolated to the consumer end market and that the industrial, auto, and comm businesses... More
Susquehanna Says Analog Devices' (ADI) Negative Pre-Announcement Suggests iPhone Unit Shortfall - Cut PT to $58
January 15, 2016 6:46 AM ESTSusquehanna maintained a Neutral rating on Analog Devices (NASDAQ: ADI), and cut the price target to $58.00 (from $67.00), following the company's negative pre-announcement. The announcement indicated a $75 mln shortfall for the January quarter. ADI's miss suggests about the same magnitude of iPhone unit shortfall as... More
Analog Devices (ADI) Halted on News, to Resume at 5:00 PM ET
January 14, 2016 4:44 PM ESTAnalog Devices (NASDAQ: ADI) Halted on News, to Resume at 5:00 PM ET
... More