Analog Devices price target raised to $350 from $320 at BofA

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Thu, January 22, 2026 astatine 6:26 AM CST 1 min read

BofA raised the firm’s price target connected Analog Devices (ADI) to $350 from $320 and keeps a Buy standing connected the shares. The steadfast raised terms targets for astir of its diversified analog semi banal coverage, noting that it expects humble calendar Q4 beats and Q1 raises crossed the committee led by concern semis fixed ongoing rebounds crossed astir subsegments, favorable pricing, and robust maturation successful strategical AI businesses.

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