Information Provided By: 
Fly News Breaks for December 18, 2018
ADI
Dec 18, 2018 | 17:11 EDT
Morgan Stanley analyst Craig Hettenbach downgraded Analog Devices to Equal Weight from Overweight with a price target of $100. The analyst notes that while the company's guidance was "well ahead of peers", he sees it hard to remain positive on the stock considering the ongoing risks to semis in 2019. Hettenbach contends that Analog Devices should remain a "core long-term holding", but believes that its "elevated" estimates will make near term outperformance "difficult".
News For ADI From the Last 2 Days
There are no results for your query ADI
