Analog Devices (ADI) Upgraded to Outperform
July 09, 2010 at 04:02 AM EDT
Analog Devices (ADI) is a leading supplier of analog and DSP integrated circuits. The company’s April quarter earnings exceeded the Zacks Consensus estimate, driven by particularly strong demand for all major products sold into the industrial and automotive markets. We expect the strength to continue through 2010, as consumer and computing markets gain further momentum. Cash [...]
