Keybanc Maintains Overweight on Analog Devices, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst John Vinh maintains an Overweight rating on Analog Devices (NASDAQ:ADI) and raises the price target from $220 to $230.
February 22, 2024 | 10:13 am
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Keybanc analyst John Vinh maintains an Overweight rating on Analog Devices and raises the price target from $220 to $230.
The upgrade in the price target by a reputable analyst like John Vinh suggests a strong confidence in Analog Devices' future performance. This is likely to be viewed positively by the market, potentially leading to a short-term increase in ADI's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100