Analog Devices Inc. highlighted its strategic vision and new financial model at its investor day meet. Piper Sandler analyst Harsh Kumar reiterated an Overweight with a $210 price target (30 percent upside). Kumar expects the company to benefit from several secular growth drivers within the semiconductor industry. Needham analyst Quinn Bolton set a Buy rating with a $205 (26 percent upside) price target. ADI has built the industry’s preeminent precision analog franchise; and derives the vast majority of its revenue from less volatile, long product cycle end-markets. Bolton expects ADI’s sales to grow faster than the analog market. Consumer headwinds were decreasing. The Maxim acquisition enhances scale, diversified revenue, and provides cross-selling opportunities. KeyBanc analyst John Vinh had an Overweight rating with a price target of $220 (36 percent upside). ADI increased its long-term revenue growth to 7–10 percent. Revenue growth will likely be driven by automotive (low-teens CAGR) and communications (10 percent CAGR), while industrial …