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.
March 04, 2024 | 4:17 pm
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Cantor Fitzgerald reaffirmed a Neutral rating on Analog Devices, with a price target of $205.
The reiteration of a Neutral rating and maintenance of a $205 price target by Cantor Fitzgerald suggests a stable outlook for Analog Devices. This analysis is based on the firm's current assessment of ADI's value and market position. The neutral stance indicates that the analyst sees the stock as fairly valued at its current price, suggesting no significant short-term price movement is expected.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90