15 AI Stocks on Wall Street’s Radar

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9. Analog Devices, Inc. (NASDAQ:ADI)

Number of Hedge Fund Holders: 63 

Analog Devices, Inc. (NASDAQ:ADI) designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products. On November 27, Truist lowered the price target on the stock to $227 from $233 and kept a Hold rating on the shares. Truist says it’s tough to get excited about buying the stock here, even though the advisory loves the company. Analog Devices beat above-seasonal expectations for Q3 on both revenue and EPS, but January guidance is mixed versus consensus, the advisory says.

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