Check Out What Whales Are Doing With AMD
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Advanced Micro Devices (AMD), with 64% of recent trades being bearish. The targeted price range for AMD over the last 3 months has been $113.0 to $125.0. The current price of AMD is down 2.8% at $113.54. Analysts have mixed opinions, with ratings ranging from Neutral to Buy and price targets from $130 to $200.
August 08, 2023 | 2:16 pm
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A whale investor has taken a bearish stance on AMD, with 64% of recent trades being bearish. The targeted price range for AMD over the last 3 months has been $113.0 to $125.0. The current price of AMD is down 2.8% at $113.54. Analysts have mixed opinions, with ratings ranging from Neutral to Buy and price targets from $130 to $200.
The bearish stance taken by a whale investor, along with the current price drop, could negatively impact AMD's stock price in the short term. However, the mixed analyst ratings and price targets suggest some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100