Analog Devices Reports Fourth Quarter and Fiscal Year 2017 Results

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Go back to Analog Devices Reports Fourth Quarter and Fiscal Year 2017 Results

Analog Devices (ADI) PT Raised to $110 at Jefferies

November 22, 2017 7:57 AM EST

Jefferies raised its price target on Analog Devices (NASDAQ: ADI) to $110.00 (from $105.00) while maintaining a Buy rating following 'beat and raise' quarter.

Analyst Mark Lipacis said they continue to see ADI as a beneficiary of a consolidating industry which should translate to... More

Analog Devices (ADI) PT Raised to $107 at KeyBanc

November 22, 2017 7:22 AM EST

KeyBanc raised its price target on Analog Devices (NASDAQ: ADI) to $107.00 (from $100.00) while maintaining a Overweight rating following strong Q4 results and guidance.

Michael McConnell said they remain buyers of the stock given secular content growth in automotive, operating-margin
leverage into F2018, and synergies/cross-selling opportunities from the LLTC acquisition.

... More

Analog Devices (ADI) PT Raised to $113 at B.Riley/FBR

November 21, 2017 1:42 PM EST

B.Riley/FBR raised its price target on Analog Devices (NASDAQ: ADI) to $113.00 (from $110.00) while maintaining a Buy rating.

Analyst Craig Ellis noted Q4 results and Q1 outlook exceeded estimates with strong margins. The analsyt also said CY18 secular drivers are on track.

... More

Analog Devices (ADI) Tops Q4 EPS by 9c, Q1 EPS Guidance Beats

November 21, 2017 8:01 AM EST

Analog Devices (NASDAQ: ADI) reported Q4 EPS of $1.45, $0.09 better than the analyst estimate of $1.36. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.5 billion.

GUIDANCE:

Analog Devices sees Q1 2018 EPS of $1.20-$1.36, versus the consensus of $1.18.... More