Cantor Fitzgerald Raises PT for Analog Devices (ADI), Keeps Overweight Rating

Analog Devices, Inc. (NASDAQ:ADI) is one of the 11 Best American Semiconductor Stocks to Invest In. On September 30, Cantor Fitzgerald increased its price target on Analog Devices, Inc. (NASDAQ:ADI) from $270 to $300 while maintaining an Overweight rating.

The firm’s analyst noted that even though overall demand is still subdued, customer confidence within the analog semiconductor sector is improving.

Cantor Fitzgerald is also seeing more positive sentiment around positive cyclical trends and clearer outlooks for the year 2026.

Analog Devices, Inc. (NASDAQ:ADI) is an American multinational semiconductor company that designs and manufactures analog, mixed signal, and digital signal processing integrated circuits.

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Disclosure: None. This article is originally published at Insider Monkey.