Oppenheimer Reiterates Outperform on Analog Devices, Maintains $215 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Rick Schafer has reiterated an Outperform rating on Analog Devices (NASDAQ:ADI) and maintained a price target of $215.
November 22, 2023 | 6:54 pm
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Oppenheimer analyst Rick Schafer reiterates an Outperform rating on Analog Devices with a maintained price target of $215.
The reiteration of an Outperform rating by a reputable analyst like Rick Schafer suggests a positive outlook on ADI's performance. The maintained price target of $215 indicates a belief in the company's potential to reach or exceed this value, which could influence investor sentiment and potentially drive the stock price up in the short term.
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IMPORTANCE 80
RELEVANCE 100