Barclays Maintains Overweight on Advanced Micro Devices, Raises Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tom O'Malley has maintained an Overweight rating on Advanced Micro Devices (AMD) and increased the price target from $200 to $235.
March 04, 2024 | 11:40 am
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Barclays analyst Tom O'Malley has reaffirmed an Overweight rating on AMD and raised the price target from $200 to $235.
The increase in price target by a reputable analyst like Tom O'Malley suggests a strong bullish outlook on AMD's stock. This is likely to instill confidence among investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100