UPDATE: Analog Devices (ADI) Tops Q2 EPS by 19c, Q3 EPS Beats Consensus

Analog Devices (ADI) PT Raised to $94 at UBS; Reiterates Neutral

UBS raised its price target on Analog Devices (NASDAQ: ADI) to $94.00 (from $83.00) while maintaining a Neutral rating. UBS believes that it is possible that ADI may have lower content at Apple for the next generation of products as the company guided its... More

Analog Devices (ADI) PT Raised to $100 at Oppenheimer Following 2Q Beat

Oppenheimer raised its price target on Analog Devices (NASDAQ: ADI) to $100.00 (from $90.00) while maintaining an Outperform rating. ADI reported 2Q sales of $1.21B, easily ahead of the Street's $1.10B estimate. 2Q EPS of $1.03 topped the Street's $0.85 estimate.

Analyst Rick Schafer says that... More

Analog Devices (ADI) PT Raised to $100 at BofA/Merrill Lynch Following Solid 2Q

BofA/Merrill Lynch raised its price target on Analog Devices (NASDAQ: ADI) to $100.00 (from $92.00) while maintaining a Buy rating. ADI reported 2Q sales 10% ahead of estimates, while EPS was reported 17% ahead of expectations. Pro-forma sales were up 21% YoY with much of beat driven by... More

Analog Devices (ADI) PT Raised to $100 at Argus Following 2Q

Argus raised its price target on Analog Devices (NASDAQ: ADI) to $100.00 (from $92.00) while maintaining a Buy rating. ADI reported 2Q annual GAAP revenue growth of 47% and non-GAAP EPS growth of 61%. Non-GAAP profits and margins benefited from the acquisition of Linear Technologies.

ADI is up... More

Analog Devices (ADI) PT Raised to $97 at Stifel Following 2Q Beat

Stifel raised its price target on Analog Devices (NASDAQ: ADI) to $97.00 (from $95.00) while maintaining a Buy rating following the company's 2Q. ADI sales were $1,000.5mn, well above the revised guidance of $910-$950mn. EPS of $1.03 beat original guidance of $0.74-$0.86 and the Street... More

Analog Devices (ADI) PT Raised to $84 at Deutsche Bank

Deutsche Bank raised its price target on Analog Devices (NASDAQ: ADI) to $84.00 (from $80.00) while maintaining a Hold rating. ADI delivered a strong report and guidance as its B2B segments were stronger than anticipated.... More

Analog Devices (ADI) PT Raised to $105 at Drexel Hamilton Following April Quarter

Drexel Hamilton raised its price target on Analog Devices (NASDAQ: ADI) to $105.00 (from $93.00) while maintaining a Buy rating following the company's April quarter. Broadly, the company beat the revenue consensus by about $100 million, with EPS upside of about $0.18. The EPS upside was driven by... More