Harlan Sur, analyst at J P Morgan, reiterates coverage on Analog Devices (ADI) in the Technology sector with a Buy rating. TipRanks.com has Sur rated as a 5 star analyst with a 22% return on investment and a 69% success rate. Sur has set a price target of $215.00 .
TipRanks.com reports that ADI currently has 14 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $191.23 . The target pricing ranges from a high forecast of $215.00 down to a low forecast of $165.00 .
ADI’s last closing price was $169.48 which would put the average price target at 12.83% upside.
In addition, TradingView issued a Buy rating for ADI over the next month.
Remember, securities are volatile, so please do your own research on ADI.
Other analysts covering ADI include:
- Joseph Moore of Morgan Stanley issued a hold with the price target of $179 on September 12th
- Quinn Bolton of Needham issued a buy rate with the price target of $200 on September 8th
- Ross Seymore of Deutsche Bank issued a hold with the price target of $175 on September 8th
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