Stifel analyst Tore Svanberg raised the firm’s price target on Analog Devices (ADI) to $290 from $280 and keeps a Buy rating on the shares following a fiscal Q4 sales beat and January quarter guidance whose $3.10B midpoint came in 6.5% higher than the firm’s prior estimate. The “solid print” and guidance are bolstered by what the firm believes to be company-specific long-term secular tailwinds spanning its multiple end markets, the analyst tells investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADI:
- Midday Fly By: Alphabet continues ascent, fueled by AI optimism
- Morning Movers: Kohl’s skyrockets after Q3 results and outlook raise
- Analog Devices sees Q1 adjusted EPS $2.29, +/- 10c, consensus $2.18
- Analog Devices reports Q4 adjusted EPS $2.26, consensus $2.23
- These Are the Stocks Reporting Earnings Today – November 25, 2025