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Fly News Breaks for November 22, 2016
ADI
Nov 22, 2016 | 14:40 EDT
Oppenheimer analyst Rick Schafer said Analog Devices' better than expected earnings and guidance show the company is executing at a high level and noted that its Linear Technology acquisition is on track to close in Q2. The analyst raised his price target on the stock to $85 from $80 and keeps an Outperform rating on Analog Devices shares.
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