Analog Devices price target raised to $52 from $46 at Argus Argus raised its price target on Analog Devices after the company reported slightly lower than expected Q4 EPS and provided in-line guidance, as the firm thinks that margin gains by the company can propel the shares higher. The firm maintains a Buy rating on the stock.
News For ADI From The Last 14 Days
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Analog Devices names Vincent Roche as president and CEO Analog Devices announced the appointment of Vincent Roche as President and CEO and his election to the Board of Directors, effective immediately. Over his nearly 25-year career at ADI, he has served in key leadership positions including worldwide sales, strategic marketing, and product management. Mr. Roche was appointed President of ADI in 2012 and has served as interim CEO since March 29 following the unexpected death of ADI CEO Jerald G. Fishman.