UBS Maintains Buy on Advanced Micro Devices, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Timothy Arcuri has maintained a 'Buy' rating on Advanced Micro Devices (AMD), but has lowered the price target from $145 to $135.
November 01, 2023 | 6:47 pm
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NEUTRAL IMPACT
UBS has maintained a 'Buy' rating on AMD, but lowered the price target from $145 to $135.
The news is directly about AMD and is likely to have a significant impact on the stock. While the 'Buy' rating is maintained, the lowering of the price target may create some uncertainty among investors, potentially affecting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100