Baird raised the firm’s price target on Analog Devices (ADI) to $275 from $250 and keeps an Outperform rating on the shares. The firm updated its model to reflect demand for complex analog solutions that are driving share gains and reflects an ongoing recovery.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADI:
- Buy Rating for Analog Devices Driven by Consistent Growth and Strong Demand Across Segments
- Buy Rating for Analog Devices Driven by Strong Market Performance and Optimistic Growth Projections
- Analog Devices: Strong Market Position and Growth Potential Drive Buy Rating
- Analog Devices Reports Strong Fiscal 2025 Results
- Promising Outlook for Analog Devices: Strong Growth Expected Despite Challenges