Roth MKM Initiates Coverage On Advanced Micro Devices with Buy Rating, Announces Price Target of $125
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Suji Desilva has initiated coverage on Advanced Micro Devices (AMD) with a Buy rating and set a price target of $125.
November 14, 2023 | 9:25 am
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Roth MKM initiated coverage on AMD with a Buy rating and a price target of $125, indicating a positive outlook on the company's stock.
Analyst coverage, especially with a Buy rating, tends to have a positive impact on a stock's price in the short term as it often leads to increased investor interest and confidence in the company's future performance. The price target of $125 suggests a significant upside potential from the current trading price, which could attract investors looking for growth opportunities.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100