Stifel Maintains Buy on Analog Devices, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a Buy rating on Analog Devices (NASDAQ:ADI) and raises the price target from $220 to $240.
May 20, 2024 | 11:58 am
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Stifel analyst Tore Svanberg maintains a Buy rating on Analog Devices and raises the price target from $220 to $240.
The raised price target and maintained Buy rating from a reputable analyst can positively influence investor sentiment and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100