Analog Devices (ADI) Q3 Earnings Beat, Q4 Guidance Tops Views
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Nomura Securities Makes a Short Case on Analog Devices (ADI); Lowers to Reduce
August 19, 2015 4:14 PM EDTNomura Securities downgraded Analog Devices (NASDAQ: ADI) from Neutral to Reduce with a price target of $53.00 (from $61.00) on valuation with the core business trading at 22X.
Analyst Romit Shah commented, "We believe contribution from Apple isn't worth more than 8-10x earnings... More
UBS Raises Price Target on Analog Devices (ADI) Following 3Q EPS Beat
August 19, 2015 9:20 AM EDTUBS reiterated a Neutral rating on Analog Devices (NASDAQ: ADI), and raised the price target to $64.00 (from $63.00), following the company's 3Q15 earnings report. Revenue was reported at $863m, ahead of Street's $845.43M. EPS of $0.77 came in ahead of Street's $0.74 estimate.
Analyst Stephen Chin commented, "ADI's F3Q revenue and EPS of $863m / $0.77 were better than expectations, with the beat driven by... More
Susquehanna Raises Price Target on Analog Devices (ADI) to $67 Following 3Q EPS Beat
August 19, 2015 8:47 AM EDTSusquehanna reiterated a Neutral rating on Analog Devices (NASDAQ: ADI), and raised the price target to $67.00 (from $65.00), following the company's 3Q15 earnings results. Revenue of $863 mln came in at the high end of guidance and was ahead of consensus of $845 mln. EPS of $0.77 was $0.03 ahead of consensus.
Analyst ChrisCaso commented,... More
SunTrust Robinson Humphrey Upgrades Analog Devices (ADI) to Buy
August 19, 2015 7:21 AM EDTSunTrust Robinson Humphrey upgraded Analog Devices (NASDAQ: ADI) from Neutral to Buy with a price target of $71.00 (from $68.00).
For an analyst ratings summary and ratings history on Analog Devices click here. For more ratings news on Analog Devices click here.
Shares of Analog Devices closed at $57.90 yesterday.
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