Stocks rally on growth, earnings outlook; bonds slip
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- Chip stocks plunge, but bargain-hunters limit scale of tech rout
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Analog Devices (ADI) PT Raised to $91 at Citi on 4Q Report; 'Strong Results but Apple Starting to Go Away and Become Drag on Earnings'
November 22, 2017 6:36 AM ESTCiti raised its price target on Analog Devices (NASDAQ: ADI) to $91.00 (from $88.00) while maintaining a Neutral rating, following the company's fourth quarter earnings report.
Analyst Christopher Danely notes a positive outlook on the shares, as management reported fourth quarter earnings per share and revenue... More
