Analog Devices ADI shares are trading higher after Bernstein upgraded the stock from Market Perform to Outperform and raised its price target from $165 to $185 per share.
Analog Devices' stock has been rising Thursday, up 4.66% to a price of $160.53. Thursday the stock has been traded at a volume of 4.20 million, about 122.73% of its recent 30-day volume average of 3.43 million.
The stock's 50-day moving average was $154.59 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $164.4 and fallen to a low of $106.11.
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