Barclays Maintains Overweight on Advanced Micro Devices, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tom O'Malley maintains an Overweight rating on Advanced Micro Devices (NASDAQ:AMD) but lowers the price target from $235 to $180.
July 29, 2024 | 4:36 pm
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Barclays analyst Tom O'Malley maintains an Overweight rating on Advanced Micro Devices (NASDAQ:AMD) but lowers the price target from $235 to $180.
The Overweight rating suggests a positive outlook on AMD, but the lowered price target indicates some caution. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100