BWS Financial raised the firm’s price target on Adeia (ADEA) to $24 from $18 and keeps a Buy rating on the shares. The firm says the company’s settlement agreement with Disney (DIS) brings a new baseline revenue that should create additional shareholder value. Adeia is now positioned to generate $175M in free cash flow in 2026, which should support a higher stock price, the analyst tells investors in a research note.
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