Analog Devices Reports Second Quarter 2017 Results
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Analog Devices (ADI) PT Raised to $94 at UBS; Reiterates Neutral
June 2, 2017 9:05 AM EDTUBS raised its price target on Analog Devices (NASDAQ: ADI) to $94.00 (from $83.00) while maintaining a Neutral rating. UBS believes that it is possible that ADI may have lower content at Apple for the next generation of products as the company guided its... More
Analog Devices (ADI) PT Raised to $100 at Oppenheimer Following 2Q Beat
June 1, 2017 11:06 AM EDTOppenheimer 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
June 1, 2017 9:36 AM EDTBofA/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 $90 at Goldman Sachs
June 1, 2017 8:40 AM EDTGoldman Sachs raised its price target on Analog Devices (NASDAQ: ADI) to $90.00 (from $87.00) while maintaining a Neutral rating.
... MoreAnalog Devices (ADI) PT Raised to $100 at Argus Following 2Q
June 1, 2017 8:15 AM EDTArgus 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
June 1, 2017 7:36 AM EDTStifel 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
June 1, 2017 7:07 AM EDTDeutsche 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
May 31, 2017 1:57 PM EDTDrexel 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
