TD Cowen Maintains Outperform on Advanced Micro Devices, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Matthew Ramsay maintains an Outperform rating on Advanced Micro Devices (AMD) and raises the price target from $115 to $135.
July 12, 2023 | 2:28 pm
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TD Cowen analyst maintains Outperform rating on AMD and raises the price target to $135, which could positively impact the stock.
The Outperform rating maintained by TD Cowen indicates that the analyst expects AMD to do better than the market average. The increase in price target from $115 to $135 suggests that the analyst sees significant upside potential in the stock, which could lead to a positive sentiment among investors and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100