** Analog Devices ADI.O shares up ~1% at $211 premarket
** Benchmark starts coverage of chipmaker with "buy" and $245 PT
** Expects Maxim Integrated deal to unlock over $1 bln rev synergies by FY27 and enhance ADI's system-level solutions, capturing a larger share of semiconductor bill of materials
** "Strong AI-related demand in test and measurement, optical modules, and power solutions is expected to drive significant revenue growth from late 2025," adds brokerage
** Average rating of 32 analysts on ADI is "buy" and their mean PT is $251 -LSEG data
(Reporting by Rashika Singh in Bengaluru)
((rashika.singh@thomsonreuters.com))
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