The Latest Analyst Ratings for GLOBALFOUNDRIES
Portfolio Pulse from Benzinga Insights
Analysts have provided bullish and somewhat bullish ratings for GLOBALFOUNDRIES (NASDAQ:GFS) in the last quarter. The average 12-month price target for the company is $74.0, a decrease of 4.82% from the previous average price target of $77.75.
August 09, 2023 | 5:02 pm
News sentiment analysis
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POSITIVE IMPACT
GLOBALFOUNDRIES has received bullish ratings from analysts, with a 12-month price target of $74.0.
The bullish ratings from analysts indicate a positive outlook for GLOBALFOUNDRIES. The decrease in the average price target could potentially indicate a slight decrease in confidence in the company's performance, but the overall bullish sentiment suggests that the stock is expected to perform well in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100