Analog Devices forecasts sales above estimates as it adds chipmaking capacity

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Analog Devices (ADI) PT Raised to $214 at Jefferies

November 24, 2021 8:27 AM EST

Jefferies analyst Mark Lipacis raised the price target on Analog Devices (NASDAQ: ADI) to $214.00 (from $206.00) while maintaining a Buy rating.

The analyst commented, "OctQ beat, JanQ raise. On a Pro-forma basis, JanQ rev guidance implies 3% QQ growth, above seasonal. ADI highlighted "very strong"... More

Analog Devices (ADI) PT Raised to $215 at Stifel

November 24, 2021 7:18 AM EST

Stifel analyst Tore Svanberg raised the price target on Analog Devices (NASDAQ: ADI) to $215.00 (from $210.00) while maintaining a Buy rating. The analyst highlighted:

Slight beat/ Solid raise, w/ Oct Q and Jan Q (midpt) revs coming in +1.7% and +5.8% vs. our est., which... More