Susquehanna Says Analog Devices' (ADI) Negative Pre-Announcement Suggests iPhone Unit Shortfall - Cut PT to $58

Nomura Securities Upgrades Analog Devices (ADI) to Neutral

Nomura 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

Stifel 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

Sterne 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

RBC 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

After-Hours Stock Movers 01/14: (OA) Higher; (INTC) (THS) (ADI) Lower (more...)

Intel (NASDAQ: INTC) 4.3% LOWER; reported Q4 EPS of $0.74, $0.11 better than the analyst estimate of $0.63. Revenue for the quarter came in at $14.9 billion versus the consensus estimate of $14.8 billion. The company sees Q1 adjusted revenue of $14.1 billion +/- $500 million. The consensus is at $13.86 billion. Intel sees Q1 GAAP gross margin at 58 percent +/- a couple of points, with the consensus at 61.0 percent.

TreeHouse Foods, Inc. (NYSE: THS) 3.5% LOWER;... More

Analog Devices (ADI) Halted on News, to Resume at 5:00 PM ET

Analog Devices (NASDAQ: ADI) Halted on News, to Resume at 5:00 PM ET

Analog Devices (ADI) Warns on Q1 Results

Analog Devices, Inc. (NASDAQ: ADI), today announced it expects revenue... More