Northland Capital Markets Upgrades Advanced Micro Devices to Outperform, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has upgraded Advanced Micro Devices (AMD) from Market Perform to Outperform and raised the price target from $81 to $150.
July 05, 2023 | 11:08 am
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POSITIVE IMPACT
AMD's stock is likely to see a positive impact due to the upgrade from Northland Capital Markets and the significant increase in price target.
Analyst upgrades and raised price targets usually lead to increased investor confidence and can drive the stock price up in the short term. Given the significant increase in the price target, this news is likely to have a strong positive impact on AMD's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100