You are being directed to ZacksTrade, a division of Zacks & Company and licensed broker-dealer. ZacksTrade and Zacks.com are separate but affiliated companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.

OK Cancel

Recent Quotes

No Recent Quote currently available

My Portfolio

My Portfolio Tracker

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today.

Zacks #1 Stocks on the Move 07/24/2014

Company Name Symbol %Change
VERITEQ CORP VTEQ
22.27%
TEXTURA CORP TXTR
6.10%
RALLY SOFTWA RALY
6.00%
SEI INVESTME SEIC
4.48%
LRR ENERGY L LRE
4.29%
Downgrade Alert for Analog Devices (ADI)

Print Share

Dec 13, 2012 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Analog Devices (NYSE:ADI) was downgraded from Buy to Neutral at Citigroup today. The stock closed yesterday at $42.02 on volume of 1.7 million shares, below average daily volume of 2.0 million. Analog Devices, Inc. designs, manufactures, and markets integrated circuits used in analog and digital signal processing. The Company's products are used in communications, computer, industrial, instrumentation, military/aerospace, automotive, and high-performance consumer electronics applications. Analog Devices sells its products worldwide.

Analog Devices share prices have moved between a 52-week high of $42.45 and a 52-week low of $33.38 and closed yesterday at 26% above that low price at $42.02 per share. The 200-day and 50-day moving averages have moved 0.04% higher and 0.06% lower over the past week, respectively.

Analog Devices (NYSE:ADI) defies analysts with a current price ($42.02) 1.5% above its average consensus price target of $41.40. Analog Devices shares have support at the 50-day moving average (MA) of $39.61 and additional support at the 200-day MA of $38.73.

SmarTrend is monitoring the recent change of momentum in Analog Devices. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Analog Devices in search of a potential trend change.

Write to Chip Brian at cbrian@mysmartrend.com

---------------------------------------------------------------------------------------------

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

Copyright, Comtex News Network, Inc. 2012

Free Stock Analysis From Zacks

Includes Zacks Long-Term Recommendation and Target Price

Zacks Research is Reported On:

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.