Analog Devices Reports First Quarter Fiscal 2019 Results with Revenue and EPS at the High-End of Guidance
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Analog Devices (ADI) PT Raised to $130 at BMO Capital; Another 'Analog Powerhouse'
February 21, 2019 9:18 AM ESTBMO Capital analyst Ambrish Srivastava raised the price target on Analog Devices (NASDAQ: ADI) to $130.00 (from $107.00) while maintaining a Outperform rating.
The analyst highlighted:
We see ADI, along with TI, as the other analog powerhouse. We expect both to only get... MoreAnalog Devices (ADI) Tops Q1 EPS by 5c, Revenues Beat; Offers Q2 Revenue Mid-Point Guidance Below Consensus, Q2 EPS Mid-Point Views In-Line with Estimates
February 20, 2019 8:03 AM ESTAnalog Devices (NASDAQ: ADI) reported Q1 EPS of $1.33, $0.05 better than the analyst estimate of $1.28. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.51 billion.
In what is a challenging macroeconomic environment, the diversity and strong execution of our franchise continued to deliver outstanding financial results for the first quarter, said Vincent Roche,... More
