Morgan Stanley Maintains Overweight on Analog Devices, Raises Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore maintains an Overweight rating on Analog Devices (NASDAQ:ADI) and raises the price target from $221 to $260.
May 23, 2024 | 3:20 pm
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POSITIVE IMPACT
Morgan Stanley analyst Joseph Moore maintains an Overweight rating on Analog Devices (NASDAQ:ADI) and raises the price target from $221 to $260.
The raised price target and maintained Overweight rating from a reputable analyst at Morgan Stanley is likely to positively impact investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100