ADI: The SHARCs are circling! Message Board

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Technology Stocks : ADI: The SHARCs are circling!

ADI 281.21

+1.4%

Dec 5 9:30 AM EST

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To: Glen2 who wrote (1377)	12/2/1999 2:16:00 PM
From: Scrapps	of 2882

CHICAGO, Dec 2 (Reuters) - ABN AMRO analyst David Wu said Thursday he raised his rating on computer chip maker Analog Devices Inc. to buy from hold and increased the 12-month price target to $80 a share from $60. -- In a report receieved here, said the upgrade was based on higher earnings projection and price/earnings assumption. -- Said Analog is likely to achieve its 25 percent pretax operating margin goal some six months ahead of Wu's forecast, and a year ahead of management's time table. -- Shares of Analog Devices were up 2-5/16 at 63.

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