Cantor Fitzgerald Reiterates Neutral on GLOBALFOUNDRIES, Maintains $55 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst C J Muse has reiterated a Neutral rating on GLOBALFOUNDRIES (NASDAQ:GFS) and maintained a $55 price target.
July 16, 2024 | 4:16 pm
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NEUTRAL IMPACT
Cantor Fitzgerald has reiterated a Neutral rating on GLOBALFOUNDRIES and maintained a $55 price target. This suggests that the analyst does not foresee significant short-term movement in the stock price.
The reiteration of a Neutral rating and the maintenance of the $55 price target indicate that the analyst does not expect significant changes in the stock's performance in the short term. This suggests a stable outlook for the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100