(See Analog Devices Hedge Fund Activity on TipRanks) Quinn Bolton of Needham & Co. printed his take, arguing that "through organic development and strategic acquisitions, we believe Analog Devices has built the preeminent franchise in precision analog semiconductors, one of the most attractive segments in the entire semiconductor industry" Bolton maintained a Buy rating on the stock, and confidently raised his price target to $205 from $200. The five-star analyst explained that the difficulties with the COVID-19 impacted Malaysian shipping routes are largely bypassed, and no longer represent a significant concern for the company. Furthermore, while capacity constraints may weigh down output in the short-term, ADI is ramping up its ability to meet the heavy demand.