Analog Devices Inc. (NASDAQ:ADI) Maintains Strong Position in Semiconductor Industry
Goldman Sachs reaffirms its "Buy" rating for NASDAQ:ADI, raising the price target from $285 to $300.ADI reports a record revenue of $11 billion for the fiscal year, with a significant increase in gross and operating margins.The company generated a record free cash flow exceeding $4 billion, demonstrating its commitment to delivering shareholder value.Analog Devices Inc. (NASDAQ:ADI) is a leading player in the semiconductor industry, specializing in analog, mixed signal, and power technologies. The company i ...