Susquehanna Sees AI Infrastructure Boost Supporting Analog Devices, Inc. (ADI) Outlook

Core Insights - Analog Devices, Inc. (ADI) ranks fifteenth among the 20 Most Profitable Stocks of the Last 20 Years [1] Group 1: Price Target Adjustments - Susquehanna raised its price target on ADI to $360 from $350 while maintaining a Positive rating, citing a stabilizing upcycle and expanding AI infrastructure supply chain as supportive factors [2] - BofA Securities increased its price target on ADI to $350 from $320 while maintaining a Buy rating, expecting modest Q4 beats and Q1 estimate increases driven by industrial semiconductors and strong growth in AI-related businesses [3] Group 2: Company Overview - Analog Devices, Inc. is a global semiconductor leader that designs, manufactures, and markets high-performance analog, mixed-signal, and digital signal processing integrated circuits and subsystems, converting real-world signals into usable data for various applications [4]