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Technology Stocks : ADI: The SHARCs are circling! -- Ignore unavailable to you. Want to Upgrade?

To: Scrapps who wrote (1418)	12/29/1999 4:18:00 PM
From: BostonView	Respond to of 2882

Banc of America analyst Rick Whittington said Wednesday he raised his price target on computer chip maker Analog Devices Inc.(NYSE:ADI - news) to $150 per share from $100 per share. -- Said he raised fiscal year 2000 earnings per share to $2.32 from $2.20 and fiscal 2001 EPS to $3.30 from $3.25. -- Reiterating his ``strong buy' rating on shares of Analog Digital, Whittington said he lifted estimates because of ``improved fundamental visibility.' -- Said annual revenue growth for ADI should be at least 30 to 40 percent each of next five years, while ``rising secular margins will boost earnings far further.'