Cantor Fitzgerald Reiterates Neutral on Analog Devices, Maintains $205 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst C J Muse reiterated a Neutral rating on Analog Devices (NASDAQ:ADI) and maintained a $205 price target.
February 20, 2024 | 5:47 pm
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NEUTRAL IMPACT
Cantor Fitzgerald reaffirmed a Neutral rating on Analog Devices, with a steady price target of $205.
The reiteration of a Neutral rating and maintenance of the price target by a significant analyst firm like Cantor Fitzgerald suggests no immediate positive or negative catalysts for Analog Devices' stock price in the short term. The analyst's view is an important indicator for investors, but the lack of change means it's unlikely to significantly move the stock in either direction immediately.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90