Joseph Moore analyst at Morgan Stanley reiterates coverage on Analog Devices (ADI) in the tech stock sector with a Buy rating. TipRanks.com has Moore rated as a 4.7 star analyst with a 55% return on investment and a 10% success rate. Moore has set a price target of $225.
TipRanks.com reports that Analog Devices stock currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $209.60. The target pricing ranges from a high forecast of $225 down to a low forecast of $200. Analog Devices (ADI) stock's last closing price was $179.84 which would put the average price target at 11.25% upside.
In addition, TradingView.com issued a buy rating for ADI over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on ADI's stock.
Other analysts covering ADI stock include:
- Pradeep Ramani of UBS issued a Buy rating with the price target of $200 on 3 days ago
- C J Muse of Evercore ISI issued a Buy rating with the price target of $210 on 1 month ago
- Christopher Danely of Citi issued a Buy rating with the price target of $200 on 1 month ago
- William Stein of Truist Financial issued a Buy rating with the price target of $213 on 2 months ago
Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals.
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