The significant pieces of information gathered from the recent coverage of **Analog Devices (ADI)** include their purchase of Flex Logix and several changes in its stock holdings by different firms such as Kentucky Retirement Systems, Natixis Advisors, and Maxwell Wealth Strategies. Market performance has had some fluctuations, with instances of ADI dipping more than the broader market, but also episodes of outpacing market gains. They are due to report their fourth quarter fiscal year 2024 financial results. In the news of mergers and acquisitions, Tata Group is in talks with Analog Devices for potential semiconductors production. However, the semiconductor industry also seems to suffer from a down cycle, impacting ADI as per Susquehanna’s highlights. Goldman Sachs has high consensus ROE for ADI, indicative of ADI’s significant position in the AI boom. Nonetheless, amid these ups and downs, Analog Devices experienced a fall below their 200-day moving average.
Analog Devices ADI News Analytics from Wed, 21 Feb 2024 08:00:00 GMT to Sat, 16 Nov 2024 15:37:01 GMT -
Rating -3
- Innovation 2
- Information 4
- Rumor -2
