Wedbush Reiterates Outperform on Advanced Micro Devices, Maintains $200 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Matt Bryson reiterated an Outperform rating on Advanced Micro Devices (AMD) and maintained a $200 price target.
May 01, 2024 | 1:31 pm
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Wedbush analyst Matt Bryson reiterated an Outperform rating on AMD, maintaining a $200 price target.
The reiteration of an Outperform rating and a high price target by a reputable analyst like Matt Bryson from Wedbush is likely to instill confidence among investors and could positively influence AMD's stock price in the short term. The specific mention of a $200 price target suggests a strong bullish outlook on the stock, which could lead to increased investor interest and potentially drive up the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100