Reported about 19 hours ago
Morgan Stanley has maintained a Buy rating on Analog Devices Inc. (ADI) but has reduced its price target from $214 to $212 following the company's impressive fiscal Q2 2025 results, which featured a 22% year-over-year revenue increase to $2.64 billion and a 32% rise in EPS to $1.85. Analyst Joseph Moore highlighted the strong performance across all regions and end markets, particularly the Industrial segment which comprised 44% of total revenue and grew 17% year-over-year, as key drivers for continued optimism.
Source: YAHOO