Analog Devices Trading Volume Ranks 75th as Stock Price Declines for Second Day
Market BriefMonday, May 19, 2025 8:00 pm ET
1min readOn May 19, 2025,
(ADI) saw a trading volume of $894 million, ranking 75th in the day's stock market activity. The stock price decreased by 1.13%, marking the second consecutive day of decline, with a total decrease of 1.14% over the past two days.Cantor Fitzgerald has raised its target price for Analog Devices to $250.00 from the previous target of $230.00. This adjustment reflects the firm's positive outlook on the company's performance.
Citi also expressed optimism about Analog Devices, advising investors to buy ahead of the company's earnings report. The firm reiterated its Buy rating and raised its price target to $260 from $235, citing expectations of strong results.
Analysts at
Fitzgerald maintained a Neutral rating on Analog Devices while increasing their target price to $250. The firm anticipates a modest beat and raise in the company's next earnings report, supported by signs of broad-based stabilization and pockets of strength.Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
Comments
No comments yet