Analog Devices, Inc. (ADI) Reports In-Line Q3 EPS; Guides Q4 EPS, Revs

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Go back to Analog Devices, Inc. (ADI) Reports In-Line Q3 EPS; Guides Q4 EPS, Revs

Analog Devices (ADI) PT, Estimates Trimmed at Jefferies Post Q3; 'Buy' Maintained

August 27, 2014 8:26 AM EDT

Jefferies analyst Mark Lipacis trimmed estimates and his price target Analog Devices (NASDAQ: ADI) to $61.00 (from $64.00) while maintaining a Buy rating following Q3 results.

Lipacis comments, "ADI's JulQ EPS (ex-HITT) and OctQ outlook (incl-HITT) were in line with Street expectations. ADI's outlook... More