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Stock impact report

Bernstein Maintains a Hold Rating on Analog Devices Inc. (ADI). [Yahoo! Finance]

Analog Devices, Inc. (ADI) 
Last analog devices, inc. earnings: 2/19 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.analog.com/investor-relations
Company Research Source: Yahoo! Finance
According to a published report, Bernstein analyst Stacy Rasgon kept Analog Devices Inc. (NASDAQ:ADI) at a Hold rating, with a $220.00 price target. Yesterday, the closing price of the company's shares was $227.66. A technician working on power management in a semiconductor factory. The second-quarter fiscal revenue of Analog Devices Inc. (NASDAQ:ADI), $2.64 billion, jumped by 9% sequentially and exceeded the high end of projections, with growth of at least 10% in all end markets. The fiscal third-quarter revenue prediction of $2.75 billion from ADI exceeded the consensus estimates from FactSet. Analog Devices Inc. (NASDAQ:ADI) is a prominent manufacturer of chips for analog, mixed-signal, and digital signal processing. The company holds a substantial market share advantage in converter chips, which convert analog signals to digital and vice versa. The company provides services to tens of thousands of customers; industrial and automotive end industries account for over half of i Show less Read more
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