JP Morgan Maintains Overweight on Analog Devices, Raises Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Harlan Sur has maintained an Overweight rating on Analog Devices (NASDAQ:ADI) and raised the price target from $260 to $280.
August 22, 2024 | 2:13 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan has maintained an Overweight rating on Analog Devices and increased the price target to $280, indicating a positive outlook.
The increase in price target from $260 to $280 by JP Morgan suggests a positive outlook for Analog Devices, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100