Raiffeisen Bank International AG Boosts Stock Position in Analog Devices, Inc. $ADI
MarketBeat
Raiffeisen Bank International AG increased its stake in Analog Devices, Inc. (NASDAQ:ADI) by 25.8% in Q2, bringing its total holdings to 15,089 shares valued at $5.9 million. Institutional investors now own 86.81% of the company, and Wall Street analysts maintain a "Buy" rating with a consensus price target of $454.63. Analog Devices reported strong Q2 earnings with EPS of $3.45 and revenue of $4.02 billion, also declaring a quarterly dividend of $1.10 per share.
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