Analysts at Bank of America Merrill Lynch raised their rating on shares of Analog Devices (ADI [1]) stock from "Neutral" to "Buy" on Monday.
[1] https://www.investorsobserver.com/symbols/ADI/
InvestorsKeyhole Trade Alert
IK-> The technicals for ADI ($100.38 up $0.65) are bullish with an upwards trend. Support has been around $98.00. Look at the Mar 85/90 bull-put spread for a 20-cent credit or better. That’s good for a 4.2% return and the stock has to fall 10.3% to cause a problem. [Various news and data; InvestorsKeyhole]
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