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June 10, 2014
09:02 EDTHITT, ADIAnalog Devices acquisition pricey but positive, says Argus
After Analog Devices (ADI) agreed to buy Hittite Microwave Corp. (HITT) for approximately $2B, Argus thinks the deal is positive based on what it sees as the expected immediate accretion from profitable operations, a good fit in terms of markets served, and potential back-office, operating, and go-to-market synergies. The firm raised its price target on Analog Devices to $65 from $58 and keeps a Buy rating on the stock.
News For ADI;HITT From The Last 14 Days
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November 25, 2014
18:18 EDTADIOn The Fly: After Hours Movers
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16:01 EDTADIAnalog Devices sees Q1 EPS 58c-64c, consensus 62c
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16:00 EDTADIAnalog Devices reports Q4 EPS 69c, consensus 68c
Reports Q4 revenue $814.25M, consensus $804.58M.
15:31 EDTADINotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Hewlett-Packard (HPQ), consensus $1.06; Analog Devices (ADI), consensus 68c; Cubic (CUB), consensus 94c; Nimble Storage (NMBL), consensus (16c); Veeva Systems (VEEV), consensus 8c; Infoblox (BLOX), consensus 3c; TiVo (TIVO), consensus 7c; Perfect World (PWRD), consensus 40c.

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