Analog Devices price target raised to $300 from $270 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on Analog Devices (ADI) to $300 from $270 and keeps an Overweight rating on the shares. While demand generally remains subdued, customer sentiment within the group is improving, and Cantor is hearing increased confidence around positive cyclical trends and visibility into CY26, the analyst tells investors in a research note.