Morgan Stanley Maintains Equal-Weight on Analog Devices, Lowers Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore has maintained an Equal-Weight rating on Analog Devices (NASDAQ:ADI) and lowered the price target from $195 to $185.
August 24, 2023 | 1:24 pm
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Morgan Stanley has maintained an Equal-Weight rating on Analog Devices and lowered the price target from $195 to $185.
The lowering of the price target by Morgan Stanley could potentially lead to a negative sentiment among investors, which may put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100