Morgan Stanley Maintains Overweight on Advanced Micro Devices, Lowers Price Target to $128
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore has maintained an Overweight rating on Advanced Micro Devices (NASDAQ:AMD) but lowered the price target from $138 to $128.

November 01, 2023 | 11:54 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Morgan Stanley has maintained an Overweight rating on AMD but lowered the price target from $138 to $128.
The news is directly about AMD and is likely to impact its stock price. While the Overweight rating is maintained, the lowering of the price target might create some negative sentiment among investors, potentially putting some downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100