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Analog Devices (ADI) chips will enable a new feature for Apple’s iPhones and iPads, an analyst says in upgrading his rating and price target on the chipmaker’s stock. “We believe Analog Devices has secured a win with a high accuracy converter to drive 3D touch in upcoming (Apple (AAPL) iPhones and iPads,” Barclays analyst Blayne Curtis said in a research report Monday. He upgraded Analog Devices stock to overweight from equal weight and hiked his Scalper1 News
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