JP Morgan Maintains Neutral on Advanced Micro Devices, Raises Price Target to $130
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Harlan Sur has maintained a Neutral rating on Advanced Micro Devices (AMD) and raised the price target from $92 to $130.
August 04, 2023 | 11:45 am
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on AMD and raised the price target from $92 to $130.
The news is directly about AMD and is likely to influence investor sentiment. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at the moment. This could lead to a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100