Research Alert: CFRA Maintains Buy Opinion On Shares Of Analog Devices
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CFRA maintains a Buy opinion on Analog Devices (ADI), raising the 12-month target to $435 from $380. They increased FY 26 EPS estimate to $12.30 and FY 27's to $14.38, citing strong growth in AI-driven data centers and strategic acquisitions. ADI's segments in industrial automation and automotive are expected to benefit from ongoing trends, providing a solid growth outlook.
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