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Enter Symbol:
 
Analog Devices, Inc. (ADI) [hlAlert]

Rating:
Buy ADI
up 24.37 %

Analog Devices, Inc. (ADI) upgraded to Buy by Citigroup

Posted on: Wednesday,  May 29, 2013  8:25 AM ET by Citigroup

Citigroup rated Buy Analog Devices, Inc. (NASDAQ: ADI) on 05/29/2013, when the stock price was $45.41. Since
then, Analog Devices, Inc. has gained 24.38% as of 01/15/2016's recent price of $56.48.
If you would have followed this Citigroup's recommendation on ADI, you would have gained 24.37% of your investment in 961 days.

Analog Devices, Inc. (Analog Devices) designs, manufactures and markets analog, mixed-signal and digital signal processing integrated circuits (ICs) used in industrial, communication, computer and consumer applications. The Company?s signal processing products translates light, sound, temperature, motion and pressure into electrical signals to be used in a range of electronic equipment. Its ICs are designed to address a range of signal processing applications. The Company?s products include Analog Products and Digital Signal Processing Products. As of October 31, 2009, Analog Devices had approximately 60,000 customers worldwide.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/29/2013 8:25 AM Buy
None
45.41
as of 12/13/2013
1 Week down  -1.74 %
1 Month down  -3.85 %
3 Months up  0.95 %
1 YTD up  6.60 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/13/2012 8:25 AM Hold
None
41.61

(*) Stock Price at the time of the recommendation.
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