Fly News Breaks for February 16, 2017
ADI
Feb 16, 2017 | 07:46 EDT
CLSA analyst Chris Caso believes that Analog Devices reported "solid" results and provided conservative guidance. The analyst thinks that the company's EPS can reach $5, as he believes that the company's core markets are "strong." Caso raised his price target on the shares to $92 from $85 and reiterates an Outperform rating on the stock.
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