Analyst Ratings for Advanced Micro Devices
Portfolio Pulse from Benzinga Insights
Advanced Micro Devices (NASDAQ:AMD) has received mostly bullish analyst ratings in the last quarter, with 7 bullish, 5 somewhat bullish, and 1 indifferent rating. The average 12-month price target for AMD is $137.0, which is a 3.74% decrease from the previous target of $142.33. The high target is $200.00 and the low target is $98.00. Analyst ratings are opinions from financial experts based on various data sources and are intended to guide investors.
December 15, 2023 | 3:00 pm
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Advanced Micro Devices has garnered a positive sentiment from analysts, with a majority issuing bullish ratings and a 12-month average price target of $137.0, despite a slight decrease from the previous target.
The predominance of bullish ratings over the last quarter indicates a positive sentiment among analysts towards AMD, which can influence investor perception and potentially lead to a short-term increase in stock price. The slight decrease in the average price target may temper expectations but does not significantly detract from the overall positive outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100