New Street Research Upgrades Advanced Micro Devices to Buy, Announces $215 Price Target
Portfolio Pulse from Benzinga Newsdesk
New Street Research analyst Pierre Ferragu upgraded Advanced Micro Devices (AMD) from Neutral to Buy and set a price target of $215.

January 24, 2024 | 10:16 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Advanced Micro Devices (AMD) was upgraded from Neutral to Buy by New Street Research, with a new price target of $215.
Upgrades by analysts typically lead to a positive short-term reaction in the stock market as they suggest a bullish outlook on the company's future performance. The new price target of $215 implies a significant upside potential from the current trading price, which can attract investors and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100