Analog Devices price target raised to $230 from $220 at Susquehanna

Susquehanna raised the firm’s price target on Analog Devices to $230 from $220 and keeps a Positive rating on the shares. The firm previewed the upcoming earnings cycle which they expect broad-based headwinds, although uneven as different markets/companies are at different sections of the downcycle.The firm selectively changed its estimates and price targets on names in their coverage universe.

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