B of A Securities Maintains Neutral on Advanced Micro Devices, Lowers Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Vivek Arya maintains a Neutral rating on Advanced Micro Devices (AMD) and lowers the price target from $135 to $130.
July 18, 2023 | 3:52 pm
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B of A Securities has maintained a Neutral rating on AMD and lowered the price target from $135 to $130.
The news directly pertains to AMD as the company's stock rating and price target have been updated by B of A Securities. The lowering of the price target might indicate a slightly less optimistic outlook for the company, but the maintained Neutral rating suggests that the overall sentiment towards the company remains unchanged. This could potentially have a neutral impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100