Reported 2 days ago
TD Cowen has raised its price target for Analog Devices, Inc. (NASDAQ:ADI) from $200 to $250, maintaining a 'Buy' rating following the company’s latest earnings report. Analyst Joshua Buchalter noted that while there are concerns over order fulfillment and tariffs affecting the semiconductor industry, ADI is well-positioned due to strong demand signals and innovative practices. The company anticipates revenue of $2.75 billion for Q3 2025 and overcomes challenges with robust inventory management.
Source: YAHOO