15 Trending AI Stocks on Latest Ratings and News

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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, Morgan Stanley analyst Joseph Moore lowered the price target on the stock to $248 from $252 and kept an Overweight rating on the shares. Analog reported an in-line October-end quarter and guided for a slightly softer than anticipated January quarter, notes the analyst. While Analog is past the trough and gets high scores for downcycle management, recovery from here is somewhat end-market dependent, the analyst added in a post-earnings note.

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