Barclays Maintains Equal-Weight on Analog Devices, Raises Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Blayne Curtis maintains an Equal-Weight rating on Analog Devices (NASDAQ:ADI) and raises the price target from $210 to $235.
May 23, 2024 | 1:00 pm
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Barclays analyst Blayne Curtis maintains an Equal-Weight rating on Analog Devices and raises the price target from $210 to $235.
The raised price target from $210 to $235 by Barclays suggests a positive outlook for Analog Devices, which could lead to a short-term increase in stock price. However, the Equal-Weight rating indicates a neutral stance, balancing the impact.
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