TTD Cowen AAnalog Devices · ADI
TD Cowen Reiterates Buy on Analog Devices, $460 PT
Rating
Buy
Price target
$460
Previous
—
Implied upside
+27%
TD Cowen analyst Joshua Buchalter reiterated a Buy rating and $460 price target on Analog Devices (NASDAQ: ADI).
“Diving Into ADI’s Datacenter Power & Optics Opportunity; We hosted ADI Head of Datacenter & Energy Nitin Sharma, Head of Datacenter & Energy Sales Ethan Wang, and Head of IR Jeff Ambrosi on an investor call.
The call highlighted ADI’s broad product portfolio and ability to drive system-level sales across datacenter power, optics, and energy infrastructure.
We come away confident that ADI is positioned to continue benefitting from AI infra investment.”
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