Analog Devices stock closes near a 52-week high after Barclays upgrade, with earnings next week
Analog Devices shares closed up 1.73% at $337.10 Friday, near a 52-week high, after Barclays raised its rating to “Overweight” and set a $375 target. ADI will report fiscal first-quarter results Feb. 18, with U.S. markets closed Monday for Presidents Day. Broadcom fell 1.81%, while Texas Instruments and KLA gained. The PHLX Semiconductor Index rose 0.66% Friday after a sharp drop Thursday.