Cantor Fitzgerald Sticks With Overweight on Analog Devices, Cites Cyclical Momentum and Company-Specific Strengths
Cantor Fitzgerald kept an Overweight rating and a $400 price target on Analog Devices (NASDAQ: ADI), highlighting modest quarterly outperformance, a strong raise, and sector- and company-specific drivers including automated test equipment, automotive dealer electronic fulfillment, and data center power and optical applications. The firm attributes …