UBS Maintains Buy on Analog Devices, Lowers Price Target to $210
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Timothy Arcuri has maintained a 'Buy' rating on Analog Devices (NASDAQ:ADI) but lowered the price target from $215 to $210.
August 24, 2023 | 2:21 pm
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UBS analyst has maintained a 'Buy' rating on Analog Devices but lowered the price target from $215 to $210.
The news is directly about Analog Devices. The maintained 'Buy' rating indicates continued confidence in the company, but the lowered price target may suggest some caution. This could have a neutral impact on the stock as positive and negative factors balance each other out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100