UPDATE: Oppenheimer Initiates Coverage on Analog Devices on Multiple Positive Factors
December 05, 2013 at 08:18 AM EST
In a report published Thursday, Oppenheimer analyst Rick Schafer initiated coverage on Analog Devices (NASDAQ: ADI ) with an Outperform rating and $58.00 price target. In the report, Oppenheimer noted, “We are initiating coverage of HPA bellwether ADI with an Outperform rating and $58 PT. In our view, ADI has
