Baird raised the firm’s price target on Analog Devices (ADI) to $450 from $365 and keeps an Outperform rating on the shares. The firm updated its model following quarterly results where power has emerged as a key driver and visibility supports its ongoing growth in 2027.
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Read More on ADI:
- Analog Devices price target raised to $515 from $470 at Wells Fargo
- Analog Devices price target raised to $450 from $430 at Barclays
- Analog Devices Posts Record Quarter, Eyes AI Growth
- Analog Devices price target raised to $475 from $410 at Jefferies
- Analog Devices price target raised to $450 from $415 at Goldman Sachs
