Analog Devices stock rises after UBS boosts ADI target to $400 — earnings next
Analog Devices shares rose 0.7% to $322.74 in midday New York trading after UBS raised its price target to $400. The company filed a shareholder presentation urging investors to vote against loosening special-meeting rules. Investors are watching for fiscal first-quarter earnings on Feb. 18 for updates on industrial and automotive demand.