Morgan Stanley Maintains Equal-Weight on Analog Devices, Lowers Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore maintains an Equal-Weight rating on Analog Devices (NASDAQ:ADI) and lowers the price target from $210 to $195.
May 25, 2023 | 9:09 am
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Morgan Stanley maintains an Equal-Weight rating on Analog Devices and lowers the price target from $210 to $195.
The news directly mentions Analog Devices (ADI) and the lowered price target by Morgan Stanley. The Equal-Weight rating suggests that the stock is expected to perform in line with the market, and the lowered price target may have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100