39 Analysts Have This to Say About Advanced Micro Devices
Portfolio Pulse from Benzinga Insights
In the last quarter, Advanced Micro Devices (NASDAQ:AMD) received 14 bullish, 18 somewhat bullish, and 7 indifferent ratings from 39 analysts. The average 12-month price target for AMD is $130.23, a 31.51% increase from the previous average of $99.03. The high and low price targets are $200.00 and $84.00 respectively.
July 05, 2023 | 3:00 pm
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Advanced Micro Devices received mostly positive ratings from analysts, with an increased average 12-month price target. This could potentially boost investor confidence and positively impact the stock price in the short term.
Analyst ratings often influence investor sentiment. The positive ratings and increased price target for AMD suggest that analysts are optimistic about the company's performance, which could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100