Goldman Sachs Maintains Buy on Advanced Micro Devices, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has maintained a Buy rating on Advanced Micro Devices (AMD) and increased the price target from $157 to $180.
February 01, 2024 | 1:56 pm
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Goldman Sachs analyst Toshiya Hari reaffirmed a Buy rating on AMD and raised the price target from $157 to $180.
The increase in price target by a reputable analyst like Toshiya Hari from Goldman Sachs is a strong positive signal for AMD. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor confidence and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100