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Analog Devices price target raised to $250 from $235 at Wells Fargo

Wells Fargo raised the firm’s price target on Analog Devices (ADI) to $250 from $235 and keeps an Equal Weight rating on the shares. Analog Devices continues to deliver strong results, driven by an expanding recovery in industrial, and Wells Fargo views visibility into continued above-seasonal demand trends looking into fiscal 2026 as a key driver of shares, the analyst tells investors in a research note.

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