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BMO Capital analyst Ambrish Srivastava raised the price target on Analog Devices (NASDAQ: ADI) to $130.00 (from $107.00) while maintaining a Outperform rating.
The analyst highlighted:
We see ADI, along with TI, as the other analog powerhouse. We expect both to only get... MoreAnalog Devices (NASDAQ: ADI) declared a quarterly dividend of $0.54 per share, or $2.16 annualized. This is a 12.5% increase from the prior dividend of $0.48.
The dividend will be payable on February 19, 2019, to stockholders of record on February 19, 2019, with an ex-dividend date of February 15,... More

