Needham Reiterates Hold Rating on Analog Devices (ADI)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Analog Devices (ADI) PT Raised to $252 at Goldman Sachs
May 23, 2024 5:42 AM EDTGoldman Sachs analyst Toshiya Hari raised the price target on Analog Devices (NASDAQ: ADI) to $252.00 (from $205.00) while maintaining a Buy rating.
The analyst comments "Following its first beat and raise in 7 quarters, ADI guided to a 2HCY24 recovery in revenue and gross... More
Analog Devices (ADI) PT Raised to $230 at Wells Fargo
May 23, 2024 5:26 AM EDTWells Fargo analyst Gary Mobley raised the price target on Analog Devices (NASDAQ: ADI) to $230.00 (from $185.00) while maintaining a Equal Weight rating.
The analyst comments "Following ADI's above-cons results/guide we revise our FY25/26 above-cons ests modestly lower to account for a more... More
Analog Devices (ADI) PT Raised to $260 at BofA Securities
May 23, 2024 5:19 AM EDTBofA Securities analyst Vivek Arya raised the price target on Analog Devices (NASDAQ: ADI) to $260.00 (from $225.00) while maintaining a Buy rating.
The analyst comments "FQ2 (April) sales were 3% ahead, marking the cycle bottom, with FQ3 (Jul) sales guided up 5.1% QoQ at $2.27bn, about... More
Analog Devices (ADI) PT Raised to $260 at JPMorgan
May 22, 2024 4:47 PM EDTJPMorgan analyst Harlan Sur raised the price target on Analog Devices (NASDAQ: ADI) to $260.00 (from $220.00) while maintaining a Overweight rating.
The analyst comments "Analog Devices reported slightly better than expected revenues for its Apr-Qtr which largely reflected expected broad-based shipment declines as the team worked through excess inventories, and as anticipated, marked the bottom of this current downcycle as the team guided for Q/Q revenue growth going forward. As we had anticipated, after several quarters of undershipping consumption trends, the team believes customer inventory levels are beginning to normalize and the... More
Analog Devices (ADI) PT Raised to $250 at Citi
May 22, 2024 4:11 PM EDTCiti analyst Christopher Danely raised the price target on Analog Devices (NASDAQ: ADI) to $250.00 (from $220.00) while maintaining a Buy rating.
The analyst comments "This morning, ADI reported results and provided guidance above the consensus as the Industrial (47% of F2Q24 sales) and Consumer (11%... More
Analog Devices (ADI) PT Raised to $225 at Deutsche Bank
May 22, 2024 3:22 PM EDTDeutsche Bank analyst Ross Seymore raised the price target on Analog Devices (NASDAQ: ADI) to $225.00 (from $200.00) while maintaining a Hold rating.
The analyst comments "After four quarters of sequential declines, ADIs better than expected F2Q/F3Q report/guide marked set a welcome cyclical trough and return to q/q growth. From an end market perspective, ADIs... More
Analog Devices (ADI) PT Raised to $280 at Jefferies
May 22, 2024 3:16 PM EDTJefferies analyst Blayne Curtis raised the price target on Analog Devices (NASDAQ: ADI) to $280.00 (from $250.00) while maintaining a Buy rating.
The analyst comments "Pointed to recovery across all businesses, a theme we expect to recur across Analog as we enter a... More
