Analyst Expectations for Analog Devices's Future
Portfolio Pulse from Benzinga Insights
In the last 3 months, 9 analysts have offered 12-month price targets for Analog Devices (NASDAQ: ADI), with an average price target of $204.22, a decrease of 7.92% from the previous average price target of $221.78.
May 25, 2023 | 2:00 pm
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Analog Devices' average price target has decreased by 7.92% to $204.22, according to 9 analysts' 12-month price targets.
The decrease in the average price target for Analog Devices indicates a change in analysts' expectations. However, the overall sentiment remains positive with 2 bullish and 5 somewhat bullish ratings. The short-term impact on the stock price is neutral, as the change in price target is not drastic and the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100