Susquehanna Sees AI Infrastructure Boost Supporting Analog Devices, Inc. (ADI) Outlook
We recently compiled a list of the 20 Most Profitable Stocks of the Last 20 Years. Analog Devices, Inc. is placed fifteenth on our list of most profitable stocks. TheFly reported on January 22 that Susquehanna raised its price target on ADI to 350 while maintaining a Positive rating. The update came as part of the firm’s broader semiconductor earnings preview, where it expects results to range from in-line to modestly above expectations in Q4. Susquehanna cited a stabilizing upcycle and the exp ...