AMD To Rally Over 20%? Here Are 10 Other Analyst Forecasts For Monday
Portfolio Pulse from Lisa Levin
Keybanc raised AMD's price target from $110 to $150, maintaining an Overweight rating. Other analyst forecasts include JP Morgan upgrading Carnival Corporation and raising its price target, Citigroup cutting U.S. Bancorp's price target, and HSBC slashing VNET Group's price target.
June 12, 2023 | 12:17 pm
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POSITIVE IMPACT
Keybanc raised AMD's price target from $110 to $150, maintaining an Overweight rating.
The raised price target and maintained Overweight rating by Keybanc indicate a positive outlook for AMD's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
JP Morgan upgraded Carnival Corporation from Neutral to Overweight and raised its price target from $11 to $16.
The upgrade from Neutral to Overweight and the increased price target by JP Morgan suggest a positive short-term impact on Carnival Corporation's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Citigroup cut the price target for U.S. Bancorp from $39 to $33, maintaining a Neutral rating.
The reduced price target by Citigroup, while maintaining a Neutral rating, indicates a potential negative short-term impact on U.S. Bancorp's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
HSBC slashed VNET Group's price target from $6.6 to $2.9 and downgraded the stock from Buy to Hold.
The significant price target cut and downgrade from Buy to Hold by HSBC suggest a negative short-term impact on VNET Group's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100