Analog Devices says working to restore supply-demand balance after weak forecast
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Piper Sandler downgrades Analog Devices (ADI) despite the company 'executing well'
August 24, 2023 10:06 AM EDTAnalog Devices (NASDAQ: ADI) was cut to Neutral from Overweight at Piper Sandler on Thursday, with analyst Harsh Kumar maintaining a $190 price target on the stock.
The analyst told investors in a note that they are downgrading the stock based on the macro uncertainty... More
Analog Devices (ADI) got the 'huge' next 48 hours for the semi sector off on the wrong foot - Mizuho's Klein
August 23, 2023 9:26 AM EDTAnalog Devices (NASDAQ: ADI) got the "huge" next 48 hours for the semi sector off to a "bad start", Mizuho desk analyst Jordan Klein notes, with a miss and a guide down.
The analyst commented, "Semi investors will be facing the so-called... More
