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Stock impact report

Susquehanna Sees AI Infrastructure Boost Supporting Analog Devices, Inc. (ADI) Outlook [Yahoo! Finance]

Analog Devices, Inc. (ADI) 
Last analog devices, inc. earnings: 2/19 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.analog.com/investor-relations
Company Research Source: Yahoo! Finance
TheFly reported on January 22 that Susquehanna raised its price target on ADI to $360 from $350 while maintaining a Positive rating. The update came as part of the firm's broader semiconductor earnings preview, where it expects results to range from in-line to modestly above expectations in Q4. Susquehanna cited a stabilizing upcycle and the expanding artificial intelligence infrastructure supply chain as supportive factors. The firm also noted that while conditions in the industrial end market are showing improvement, the automotive segment continues to face some pressure. Similarly, a day earlier on January 21, BofA Securities raised its price target on Analog Devices, Inc. (NASDAQ:ADI) to $350 from $320 while maintaining a Buy rating. The adjustment was part of a broader update across the firm's diversified analog semiconductor coverage. BofA expects modest calendar Q4 beats and Q1 estimate increases, led primarily by industrial semiconductors amid ongoing rebounds across most s Show less Read more
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