Cantor Fitzgerald Raises Analog Devices Price Target to $510

Cantor Fitzgerald analyst Matthew Prisco raised the price target on Analog Devices (NASDAQ: ADI) to $510.00 (from $400.00) while maintaining an Overweight rating.

“Remains our preferred Analog investment as a best-in-class asset with a differentiated portfolio, system approach, greater customer collaboration, and preferential end-market exposure – both on a NT and LT basis with leverage to Industrial, ADEF, ATE, and DC.”

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