Goldman Sachs Maintains Buy on Advanced Micro Devices, Raises Price Target to $157
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has reaffirmed a Buy rating on Advanced Micro Devices (NASDAQ:AMD) and increased the price target from $137 to $157.

December 18, 2023 | 1:38 pm
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Goldman Sachs analyst Toshiya Hari maintains a Buy rating on AMD and raises the price target to $157.
The increase in price target by a reputable analyst like Toshiya Hari from Goldman Sachs is a strong positive signal for investors, suggesting a higher valuation and confidence in AMD's future performance. This is likely to be perceived positively by the market and could lead to a short-term increase in AMD's stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100