Truist Securities Maintains Buy on Analog Devices, Raises Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Analog Devices (NASDAQ:ADI) and raised the price target from $222 to $275, indicating a positive outlook for the stock.
May 23, 2024 | 1:09 pm
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Truist Securities has maintained its Buy rating on Analog Devices and raised the price target from $222 to $275, suggesting a positive outlook for the stock.
The raised price target from $222 to $275 by Truist Securities indicates increased confidence in Analog Devices' future performance. This is likely to positively impact investor sentiment and the stock price in the short term.
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