Truist Securities Maintains Hold on Advanced Micro Devices, Lowers Price Target to $156
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Advanced Micro Devices (AMD) but lowered the price target from $162 to $156.
July 31, 2024 | 2:25 pm
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Truist Securities has maintained a Hold rating on Advanced Micro Devices (AMD) and lowered the price target from $162 to $156.
The lowered price target from $162 to $156 suggests a less optimistic outlook for AMD's stock performance in the near term, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100