IPG Investment Advisors LLC Acquires New Position in Analog Devices, Inc. $ADI
MarketBeat
IPG Investment Advisors LLC has acquired a new stake of 4,840 shares in Analog Devices, Inc. (NASDAQ:ADI) valued at approximately $1.92 million. Analog Devices reported strong Q2 earnings, beating analyst estimates with an EPS of $3.45 and revenue of $4.02 billion, and declared a quarterly dividend of $1.10. The company maintains a "Buy" rating from analysts with an average price target of $457.97.
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