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Analog Devices price target raised to $320 from $310 at JPMorgan

JPMorgan analyst Harlan Sur raised the firm’s price target on Analog Devices (ADI) to $320 from $310 and keeps an Overweight rating on the shares. The firm says secular tailwinds are “amplifying” the company’s cyclical recovery. It believes Analog Devices is positioned for upside in fiscal 2026.

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