Cantor Fitzgerald Maintains Overweight on Advanced Micro Devices, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald maintains an Overweight rating on Advanced Micro Devices (AMD) but lowers the price target from $200 to $180.

July 31, 2024 | 3:49 pm
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NEUTRAL IMPACT
Cantor Fitzgerald maintains an Overweight rating on AMD but lowers the price target from $200 to $180. This suggests confidence in AMD's long-term potential despite a more conservative short-term outlook.
The Overweight rating indicates a positive long-term outlook, but the lowered price target reflects a more cautious short-term view. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100