TD Cowen raised the firm’s price target on Analog Devices (ADI) to $250 from $200 and keeps a Buy rating on the shares. The firm said they posted a solid print/guide which was overshadowed by pull-in fears as the company was more transparent than others in the 1Q25 EPS cycle. Tariffs inject a huge question mark that is overshadowing what was an improving cyclical position and ongoing secular tailwinds.
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Read More on ADI:
- 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
- Analog Devices initiated with a Buy at KGI Securities
- Analog Devices price target lowered to $215 from $240 at Piper Sandler