Goldman Sachs Maintains Buy on Advanced Micro Devices, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has reaffirmed a Buy rating on Advanced Micro Devices (AMD) and increased the price target from $157 to $180. This reflects a positive outlook on AMD's future performance.
January 31, 2024 | 11:25 am
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Goldman Sachs has maintained a Buy rating on AMD and raised the price target to $180, indicating a strong positive sentiment towards the company's stock.
The increase in price target by a reputable analyst like Goldman Sachs typically signals confidence in the company's future growth and profitability, which can positively influence investor sentiment and potentially drive up the stock price in the short term.
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