Mizuho Maintains Buy on Advanced Micro Devices, Raises Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh maintains a Buy rating on Advanced Micro Devices (AMD) and increases the price target from $200 to $235.
March 07, 2024 | 12:02 pm
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Mizuho analyst Vijay Rakesh reaffirms a Buy rating on AMD and raises the price target to $235.
The upgrade in price target by a reputable analyst like Vijay Rakesh from Mizuho is a strong positive signal for AMD. It suggests a bullish outlook on the company's future performance and potential for stock price appreciation. Such endorsements often lead to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100