Analog Devices Price Targets Up On Q1 Beat, Q2 View

By | February 18, 2015

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Analog Devices (ADI) received several price target increases Wednesday after reporting fiscal Q1 revenue and earnings that topped analyst expectations. Investment banks Jefferies Group, RBC Capital and Stifel Nicolaus were among those that boosted price targets Wednesday after the company posted its earnings late Tuesday. Pacific Crest Securities analyst Michael McConnell also hiked his price target on Analog Devices stock, to 66 from 57. In a Scalper1 News

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