Piper Sandler downgrades Analog Devices (ADI) despite the company 'executing well'

Analog Devices (ADI) PT Lowered to $210 at UBS

UBS analyst Pradeep Ramani lowered the price target on Analog Devices (NASDAQ: ADI) to $210.00 (from $215.00) while maintaining a Buy rating.... More

Analog Devices (ADI) PT Lowered to $185 at Morgan Stanley

Morgan Stanley analyst Joseph Moore lowered the price target on Analog Devices (NASDAQ: ADI) to $185.00 (from $195.00) while maintaining a Equalweight rating.... More

Analog Devices (ADI) PT Lowered to $200 at Raymond James

Raymond James analyst Chris Caso lowered the price target on Analog Devices (NASDAQ: ADI) to $200.00 (from $225.00) while maintaining a Outperform rating.... More

Analog Devices (ADI) PT Lowered to $210 at Baird

Baird analyst Tristan Gerra lowered the price target on Analog Devices (NASDAQ: ADI) to $210.00 (from $235.00) while maintaining a Outperform rating.... More

Analog Devices (ADI) PT Lowered to $215 at Susquehanna

Susquehanna analyst Christopher Rolland lowered the price target on Analog Devices (NASDAQ: ADI) to $215.00 (from $225.00) while maintaining a Positive rating.

Analog Devices (ADI) PT Lowered to $200 at BofA Securities

BofA Securities analyst Vivek Arya lowered the price target on Analog Devices (NASDAQ: ADI) to $200.00 (from $225.00) while maintaining a Buy rating.... More

Analog Devices (ADI) PT Lowered to $175 at Wells Fargo

Wells Fargo lowered its price target on Analog Devices (NASDAQ: ADI) to $175.00 (from $185.00) while maintaining a Equal Weight rating.... More

Piper Sandler Downgrades Analog Devices (ADI) to Neutral 'Given Macro Uncertainty and Inventory Adjustments'

(Updated - August 24, 2023 5:10 AM EDT)

Piper Sandler analyst Harsh Kumar downgraded Analog Devices (NASDAQ: ADI) from Overweight to Neutral with a price target of $190.00.

The analyst comments "We are downgrading shares of ADI to Neutral following the earnings announcement yesterday.... More

Analog Devices (ADI) got the 'huge' next 48 hours for the semi sector off on the wrong foot - Mizuho's Klein

Analog 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

Analog Devices says working to restore supply-demand balance after weak forecast

(Reuters) -Analog Devices forecast fourth-quarter revenue below Wall Street estimates on Wednesday, but said it was working to manage the supply glut to return to growth more quickly in the coming quarters.

Its shares reversed course and were up about 1%, having fallen more than 6% in premarket trading as the chipmaker also missed third-quarter revenue and profit estimates.

Shares of peers Texas Instruments, ON Semiconductor and NXP... More

Analog Devices (ADI) falls on earnings miss, weak FQ4 outlook

Analog Devices (NASDAQ: ADI) shares were moving lower in pre-open Wednesday after the company reported weaker-than-expected results for its fiscal third quarter and gave an outlook for this quarter that trailed analyst estimates.

Analog Devices reported an EPS of $2.49, which fell short of the analyst... More