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Analog Devices (ADI) PT Raised to $90 at Wells Fargo

May 30, 2018 1:19 PM

Wells Fargo raised its price target on Analog Devices (NASDAQ: ADI) to $90.00 (from $85.00) while maintaining a Market Perform rating following results.

The firm is raising FY2018 EPS estimate to $3.92 from $3.82, while their FY2019 EPS estimate remains unchanged at $4.30.

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