JP Morgan Maintains Overweight on Analog Devices, Raises Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Harlan Sur maintains an Overweight rating on Analog Devices (NASDAQ:ADI) and raises the price target from $220 to $260.
May 23, 2024 | 12:05 pm
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POSITIVE IMPACT
JP Morgan analyst Harlan Sur maintains an Overweight rating on Analog Devices and raises the price target from $220 to $260.
The raised price target and maintained Overweight rating from a reputable analyst at JP Morgan is likely to positively impact investor sentiment and drive short-term price appreciation for Analog Devices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100