Wells Fargo initiated coverage on Analog Devices with a new price target
$ADI
Semiconductors
Technology
Wells Fargo initiated coverage of Analog Devices with a rating of Equal Weight and set a new price target of $220.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/22/2024 | $220.00 | Equal Weight | Wells Fargo |
| 9/23/2024 | $266.00 → $233.00 | Buy → Hold | Truist |
| 5/23/2024 | $210.00 → $270.00 | Buy | TD Cowen |
| 5/13/2024 | $224.00 → $250.00 | Buy | Jefferies |
| 4/16/2024 | $254.00 | Outperform | Evercore ISI |
| 1/23/2024 | $205.00 | Neutral | Cantor Fitzgerald |
| 1/18/2024 | $225.00 | Peer Perform → Outperform | Wolfe Research |
| 1/4/2024 | $200.00 | Outperform → Mkt Perform | Bernstein |
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SC 13G/A - ANALOG DEVICES INC (0000006281) (Subject)
SC 13G/A - ANALOG DEVICES INC (0000006281) (Subject)
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Deep-pocketed investors have adopted a bearish approach towards Analog Devices (NASDAQ:ADI), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ADI usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 12 extraordinary options activities for Analog Devices. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 25% leaning bullish and 33% bearish. Among these notable opt
Wells Fargo initiated coverage of Analog Devices with a rating of Equal Weight and set a new price target of $220.00
Truist downgraded Analog Devices from Buy to Hold and set a new price target of $233.00 from $266.00 previously
TD Cowen reiterated coverage of Analog Devices with a rating of Buy and set a new price target of $270.00 from $210.00 previously
WILMINGTON, Mass., Oct. 23, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI) today announced it will release financial results for the fourth quarter fiscal year 2024 at 7:00 a.m. Eastern time on Tuesday, November 26, 2024. Following the press release, the Company will host a conference call at 10:00 a.m. Eastern time, the same day. Vincent Roche, Chief Executive Officer and Chair, Richard Puccio, Executive Vice President and Chief Financial Officer, and Michael Lucarelli, Vice President of Investor Relations and FP&A will discuss ADI's results and business outlook. The
CodeFusion Studio™ and ADI's new Developer Portal are inaugural components of a new suite of developer-centric offerings, which unite cross-device, cross-market hardware, software and servicesAlso included is the ADI Assure™ Trusted Edge Security Architecture, a universal security architecture to deliver more reliable, trustworthy capabilities across the stackCombined, the offerings provide a developer-centric experience that incorporates open-source configuration and profiling tools that are designed to enable faster time to market with enhanced security and reliabilityWILMINGTON, Mass., Oct. 7, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI), a global semiconductor leader, today la
MUMBAI, India and WILMINGTON, Mass., Sept. 18, 2024 /PRNewswire/ -- Tata Group, a global enterprise headquartered in India, and Analog Devices, Inc. (Nasdaq: ADI), a global semiconductor leader, today announced a strategic alliance to explore potential cooperative manufacturing opportunities. Tata Electronics, Tata Motors, and Tejas Networks signed a Memorandum of Understanding (MoU) with ADI to enhance strategic and business cooperation, explore opportunities for semiconductor manufacturing in India, and use ADI's products in Tata applications like electric vehicles and netwo
WILMINGTON, Mass., Oct. 23, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI) today announced it will release financial results for the fourth quarter fiscal year 2024 at 7:00 a.m. Eastern time on Tuesday, November 26, 2024. Following the press release, the Company will host a conference call at 10:00 a.m. Eastern time, the same day. Vincent Roche, Chief Executive Officer and Chair, Richard Puccio, Executive Vice President and Chief Financial Officer, and Michael Lucarelli, Vice President of Investor Relations and FP&A will discuss ADI's results and business outlook. The
Revenue of $2.31 billion, above the midpoint of our outlook with sequential growth in Industrial, Consumer, and CommunicationsOperating cash flow of $4.0 billion and free cash flow of $2.9 billion on a trailing twelve-month basisReturned $574 million to shareholders through dividends and repurchases in the third quarterWILMINGTON, Mass., Aug. 21, 2024 /PRNewswire/ -- Analog Devices, Inc. (NASDAQ:ADI), a global semiconductor leader, today announced financial results for its fiscal third quarter 2024, which ended August 3, 2024. "ADI's revenue finished above our guided midpoint
WILMINGTON, Mass., July 24, 2024 /PRNewswire/ -- July 24, 2024-- Analog Devices, Inc. (Nasdaq: ADI) today announced it will release financial results for the third quarter fiscal year 2024 at 7:00 a.m. Eastern time on Wednesday, August 21, 2024. Following the press release, the Company will host a conference call at 10:00 a.m. Eastern time, the same day. Vincent Roche, Chief Executive Officer and Chair, Richard Puccio, Executive Vice President and Chief Financial Officer, and Michael Lucarelli, Vice President of Investor Relations and FP&A will discuss ADI's results and business outlook.
8-K - ANALOG DEVICES INC (0000006281) (Filer)
8-K - ANALOG DEVICES INC (0000006281) (Filer)
8-K - ANALOG DEVICES INC (0000006281) (Filer)
MUMBAI, India and WILMINGTON, Mass., Sept. 18, 2024 /PRNewswire/ -- Tata Group, a global enterprise headquartered in India, and Analog Devices, Inc. (Nasdaq: ADI), a global semiconductor leader, today announced a strategic alliance to explore potential cooperative manufacturing opportunities. Tata Electronics, Tata Motors, and Tejas Networks signed a Memorandum of Understanding (MoU) with ADI to enhance strategic and business cooperation, explore opportunities for semiconductor manufacturing in India, and use ADI's products in Tata applications like electric vehicles and netwo
Analog Devices, Inc. (NASDAQ:ADI) today announced that Richard C. Puccio, Jr. will join the company on February 5, 2024 as Executive Vice President and Chief Financial Officer. In this role, Mr. Puccio will set ADI's financial strategy and lead the company's global finance operations. Mr. Puccio will report to CEO and Chair Vincent Roche. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240125388539/en/Analog Devices appoints Richard C. Puccio, Jr. as Executive Vice President and Chief Financial Officer (Photo: Business Wire) "Rich brings tremendous experience and capability from his more than three decades of leading financial a
Analog Devices, Inc. (NASDAQ:ADI) today announced that its Board of Directors has appointed Dr. Peter B. Henry, a renowned international economist, as an independent director and member of the Board's Audit Committee effective December 5, 2023. Dr. Henry is currently the Class of 1984 Senior Fellow at the Hoover Institution and Senior Fellow at the Freeman Spogli Institute for International Studies, both at Stanford University. Dr. Henry is also Dean Emeritus of New York University's Leonard N. Stern School of Business. His appointment expands ADI's Board to 13 members. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231207206669