Benchmark Maintains Buy on Advanced Micro Devices, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Cody Acree maintains a Buy rating on Advanced Micro Devices (NASDAQ:AMD) and raises the price target from $108 to $145.
August 04, 2023 | 2:18 pm
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POSITIVE IMPACT
Benchmark analyst maintains a Buy rating on AMD and raises the price target to $145.
The news of a maintained Buy rating and an increased price target by a Benchmark analyst is likely to have a positive impact on AMD's stock in the short term. This is because it signals the analyst's confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100