Stifel Maintains Buy on Analog Devices, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a 'Buy' rating on Analog Devices (NASDAQ:ADI) and raises the price target from $210 to $220.
July 20, 2023 | 4:51 pm
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POSITIVE IMPACT
Stifel analyst maintains a 'Buy' rating on Analog Devices and raises the price target to $220, indicating positive sentiment towards the stock.
The raised price target by Stifel indicates a positive outlook for Analog Devices. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100