Susquehanna Maintains Neutral on GLOBALFOUNDRIES, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Mehdi Hosseini has maintained a Neutral rating on GLOBALFOUNDRIES (NASDAQ:GFS) and raised the price target from $48 to $50.
May 08, 2024 | 12:41 pm
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Susquehanna maintains a Neutral rating on GLOBALFOUNDRIES and increases the price target from $48 to $50.
The increase in price target by Susquehanna suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100