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 11, 2024 | 3:31 pm
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NEUTRAL IMPACT
Cantor Fitzgerald reaffirmed a Neutral rating on Analog Devices, with a price target of $205.
The reiteration of a Neutral rating and maintenance of the price target at $205 by Cantor Fitzgerald suggests that the analyst sees no immediate catalysts that would significantly change the stock's valuation in the short term. This could lead to a neutral short-term impact on ADI's stock price, as the market has likely already priced in the analyst's expectations.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90