Baird Raises Price Target on Analog Devices (ADI) to $77 Following Strong 4Q

Go back to Baird Raises Price Target on Analog Devices (ADI) to $77 Following Strong 4Q

Analog Devices Reports Fourth Quarter and Fiscal Year 2016 Results

November 22, 2016 8:00 AM EST

Record quarterly revenue of $1 billion, up 3% year-over-year and up 15% sequentially Record quarterly operating cash flow margin of 49%, record quarterly free cash flow margin of 44% Revenue and earnings per share exceed high end of guidance range

NORWOOD, Mass.--(BUSINESS WIRE)-- Analog Devices, Inc. (NASDAQ:... More