Why Analog Devices Investors Are Looking Forward to This Week's Report
Analog Devices (NASDAQ: ADI) stock got a much-needed boost earlier this year after a terrific third-quarter report put to rest rumors about the loss of its Apple (NASDAQ: AAPL) contract. The chipmaker beat Wall Street's earnings forecasts and issued stronger-than-expected guidance in late August, and this helped catapult the stock price to 52-week highs.
Analog Devices investors will be looking forward to a new set of catalysts when it releases its fiscal fourth-quarter results on Nov. 21. But can the company deliver once again?
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Source: Fool.com
Analog Devices Inc. Stock
€195.96
6.100%
The stock is an absolute favorite of our community with 35 Buy predictions and no Sell predictions.
As a result the target price of 207 € shows a slightly positive potential of 5.63% compared to the current price of 195.96 € for Analog Devices Inc..
