Wedbush Reiterates Outperform on Advanced Micro Devices, Maintains $200 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Matt Bryson has reiterated an Outperform rating on Advanced Micro Devices (NASDAQ:AMD) and maintained a price target of $200.

January 31, 2024 | 2:11 pm
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POSITIVE IMPACT
Wedbush analyst Matt Bryson reaffirmed an Outperform rating on AMD, with a strong price target of $200, indicating a positive outlook on the stock.
The reiteration of an Outperform rating and a high price target by a reputable analyst like Matt Bryson from Wedbush is likely to instill confidence in investors and could lead to a positive short term impact on AMD's stock price. The specific mention of the $200 price target suggests a significant upside potential from the current trading levels, which may attract investor interest and potentially drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100