UBS lowered the firm’s price target on Analog Devices (ADI) to $285 from $295 and keeps a Buy rating on the shares. The recovery is on track but demand pull-ins exacerbate second half concerns, the analyst tells investors in a research note.
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Read More on ADI:
- Analog Devices price target raised to $250 from $200 at TD Cowen
- Analog Devices price target lowered to $260 from $275 at Benchmark
- Analog Devices price target raised to $205 from $200 at Wells Fargo
- Strong Market Position and Growth Potential Drive Buy Rating for Analog Devices
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