Melius Research Maintains Buy on Advanced Micro Devices, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Melius Research analyst Ben Reitzes has maintained a Buy rating on Advanced Micro Devices (AMD) and increased the price target from $192 to $265.
March 08, 2024 | 3:21 pm
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POSITIVE IMPACT
Melius Research has reaffirmed its Buy rating on AMD and raised the price target from $192 to $265.
The increase in price target by Melius Research suggests a strong confidence in AMD's future performance. This positive analyst rating and significant price target raise can lead to increased investor confidence and potentially drive AMD's stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100