Morgan Stanley Maintains Equal-Weight on Analog Devices, Lowers Price Target to $176
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 $185 to $176.
October 11, 2023 | 1:21 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Analog Devices and lowered the price target from $185 to $176.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100