Cantor Fitzgerald Maintains Overweight on Advanced Micro Devices, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst C J Muse maintains an Overweight rating on Advanced Micro Devices (NASDAQ:AMD) and raises the price target from $170 to $200.
July 16, 2024 | 4:04 pm
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Cantor Fitzgerald's analyst C J Muse has maintained an Overweight rating on AMD and increased the price target from $170 to $200, indicating strong confidence in the company's future performance.
The increase in the price target from $170 to $200 by a reputable analyst suggests a positive outlook for AMD's stock. The Overweight rating indicates that the analyst expects AMD to outperform the market, which is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100