Analog Devices (ADI) Declares $0.40 Quarterly Dividend; 2.8% Yield
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August 19, 2015 9:20 AM EDT
UBS 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
August 19, 2015 8:47 AM EDT
Susquehanna 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
