Cantor Fitzgerald Initiates Coverage On Advanced Micro Devices with Overweight Rating, Announces Price Target of $190
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst C J Muse has initiated coverage on Advanced Micro Devices (AMD) with an Overweight rating and set a price target of $190.
January 23, 2024 | 9:56 am
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Cantor Fitzgerald has initiated coverage on AMD with an Overweight rating and a price target of $190, indicating a positive outlook on the stock.
The initiation of coverage by a major analyst firm with an Overweight rating and a high price target suggests a strong bullish sentiment towards AMD. This can often lead to increased investor interest and a potential short-term rise in the stock price as the market reacts to the new coverage and price target.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100