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Analog Devices, Inc. (ADI) [hlAlert]

Rating:
Buy ADI
up 93.88 %

Analog Devices, Inc. (ADI) upgraded to Buy with price target $35 by Broadpoint AmTech Research

Posted on: Tuesday,  Nov 24, 2009  9:25 AM ET by Broadpoint AmTech Research

Broadpoint AmTech Research rated Buy Analog Devices, Inc. (NASDAQ: ADI) on 11/24/2009, when the stock price was $29.13.
Since then, Analog Devices, Inc. has gained 93.89% as of 01/15/2016's recent price of $56.48.
If you would have followed this Broadpoint AmTech Research's recommendation on ADI, you would have gained 93.88% of your investment in 2243 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.

Broadpoint AmTech, Inc. is an equity research firm specializing in research on large and small cap companies. It provides equity research, sales, and trading services. The firm provides fundamental research on information technology and defense companies. It focuses on the aerospace and defense; analog semiconductors; broadband and media services; clean technology: biofuels; clean technology: coal; clean technology: energy generation and infrastructure; clean technology: solar; clean technology: wind; data networking and storage components; engineering and construction; financial technology; Internet; information technology hardware; LED industry; software; wireless communications; and wireless IC sectors. The firm caters to institutional investors. It was formerly known as American Technology Research. Broadpoint AmTech, Inc. is based in Greenwich, Connecticut, with additional offices in San Francisco, California and Denver, Colorado. The firm is a division of Broadpoint Securities Group, Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/24/2009 9:25 AM Buy
None
29.13 35.00
as of 12/31/2009
1 Week up  22.34 %
1 Month up  29.27 %
3 Months up  33.09 %
1 YTD up  33.09 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/16/2009 9:25 AM Hold
None
28.22

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