Morgan Stanley Maintains Overweight on Advanced Micro Devices, Raises Price Target to $138
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore maintains an Overweight rating on Advanced Micro Devices (NASDAQ:AMD) and raises the price target from $97 to $138.
June 16, 2023 | 12:46 pm
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Morgan Stanley maintains an Overweight rating on AMD and raises the price target from $97 to $138.
The news of Morgan Stanley maintaining an Overweight rating on AMD and raising the price target from $97 to $138 indicates a positive outlook for the company's stock. This could lead to an increase in investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100