Analog Devices, Inc. (NASDAQ:ADI) Given Consensus Rating of "Buy" by Brokerages
MarketBeat
Analog Devices, Inc. (NASDAQ:ADI) has received a consensus "Buy" rating from 30 brokerages, with an average 12-month price target of $454.63. The company recently exceeded quarterly earnings expectations, reporting $3.45 EPS and $4.02 billion in revenue, a 39.2% year-over-year increase. Despite insider stock sales, several research firms have upgraded ADI and raised their price targets, indicating a positive outlook for the semiconductor company.
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