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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100