Rosenblatt Maintains Buy on Advanced Micro Devices, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Hans Mosesmann maintains a Buy rating on Advanced Micro Devices (AMD) and increases the price target from $200 to $250.
January 31, 2024 | 12:32 pm
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POSITIVE IMPACT
Rosenblatt analyst Hans Mosesmann maintains a Buy rating on AMD and raises the price target to $250, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst suggests a strong conviction in AMD's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100