Roth MKM Maintains Buy on Advanced Micro Devices, Raises Price Target to $190-Report Released on 30 January 2024
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Suji Desilva has reaffirmed a Buy rating on Advanced Micro Devices (NASDAQ:AMD) and increased the price target from $125 to $190, indicating a positive outlook on the company's future performance.
January 31, 2024 | 4:28 pm
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Roth MKM analyst Suji Desilva maintains a Buy rating on AMD and raises the price target to $190, suggesting confidence in AMD's growth prospects.
The increase in price target by Roth MKM reflects a strong endorsement of AMD's potential for growth and profitability. This positive analyst rating is likely to influence investor sentiment and could lead to a short-term increase in AMD's stock price as the market reacts to the new price target.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100