Analog Devices (ADI) Tops Q4 EPS by 1c; Guides Q1 EPS, Revs

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Go back to Analog Devices (ADI) Tops Q4 EPS by 1c; Guides Q1 EPS, Revs

Analog Devices (ADI) PT Raised to $60 at Jefferies

November 26, 2014 8:55 AM EST

Jefferies analyst Mark Lipacis lifted estimates and his price target on Buy-rated Analog Devices (NASDAQ: ADI) to $60.00 (from $58.00) following solid Q4 results.

Lipacis commented, "ADI's results and seasonal outlook reinforces our view on the current semi cycle (see: 3Q14 Looks Like a Classic... More