BofA Raises Analog Devices (ADI) Target, Sees Long AI-Driven Upgrade Cycle Ahead

Analog Devices, Inc. (NASDAQ:ADI) is included among the 12 Best Long Term US Stocks to Buy Now. BofA Raises Analog Devices (ADI) Target, Sees Long AI-Driven Upgrade Cycle Ahead Image by Alexsander-777 from Pixabay On December 16, BofA raised its price target on Analog Devices, Inc. (NASDAQ:ADI) to $320 from $290 and kept a Buy rating. The move came as the firm refreshed price targets across its US semiconductor coverage. BofA sees 2026 as a midpoint in a long upgrade cycle. Think eight to ten years of ...