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Fly News Breaks for June 1, 2017
ADI
Jun 1, 2017 | 07:12 EDT
RBc Capital analyst Amit Daryanani says that Analog Devices reported "impressive" results. The analyst expects the company to report $5+ of EPS in fiscal 2018 and restart share buybacks sooner than expected. He thinks that positive catalysts are enabling it to overcome headwinds from Apple (AAPL) seasonality, and he keeps an Outperform rating on Analog Devices.
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