Piper Sandler analyst Harsh Kumar raised the firm’s price target on Analog Devices (ADI) to $360 from $250 and keeps a Neutral rating on the shares. The firm notes the company reported very strong results in the January 2026 quarter and an exceptional guide, beating street expectations nicely on the heels of strong growth in the AI plus data center segments.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADI:
- Analog Devices price target raised to $430 from $375 at Barclays
- Analog Devices: Positioned for AI-Driven Upswing in an Improving Analog Cycle
- THNQ and ROBO: Two AI ETFs Worth Considering Despite Bubble Concerns
- Analog Devices Signals Robust Growth In Earnings Call
- Analog Devices price target raised to $400 from $350 at Oppenheimer
