ADTRAN, Inc. (ADTN) Tops Q1 EPS by 6c

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Needham & Company Raises Price target on ADTRAN, Inc. (ADTN) Following 1Q Report

April 13, 2016 4:22 PM EDT

Needham & Company maintained a Buy rating on ADTRAN (NASDAQ: ADTN), and raised the price target to $22.00 (from $21.00), following the company's 1Q earnings report. ADTN reported revenue of $142.2MM, exceeded consensus of $141.1MM. EPS was reported at $0.14, ahead of the Street's $0.11 estimate.

Analyst Richard... More

Northland Capital Markets Downgrades ADTRAN (ADTN) to Market Perform

April 13, 2016 1:50 PM EDT

Northland Capital Markets downgraded ADTRAN (NASDAQ: ADTN) from Outperform to Market Perform with a price target of $20.00.

For an analyst ratings summary and ratings history on ADTRAN click here. For more ratings news on ADTRAN click here.

Shares of ADTRAN closed at $19.05 yesterday.

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ADTRAN, Inc. (ADTN) Declares $0.09 Quarterly Dividend; 1.9% Yield

April 13, 2016 5:32 AM EDT

ADTRAN, Inc. (NASDAQ: ADTN) declared a quarterly dividend of $0.09 per share, or $0.36 annualized.

The dividend will be payable on May 12, 2016, to stockholders of record on April 28, 2016, with an ex-dividend date of April 26, 2016.

The annual yield on the dividend is 1.9 percent.

For... More