Reported 15 days ago
Cantor Fitzgerald has raised its price target for Analog Devices, Inc. (NASDAQ:ADI) from $270 to $300, maintaining an Overweight rating. The firm observed a rise in customer confidence within the analog semiconductor sector despite overall subdued demand. Analysts also highlighted positive cyclical trends and an improved outlook for 2026, suggesting a favorable environment for investments in ADI.
Source: YAHOO