A Glimpse Into The Expert Outlook On GLOBALFOUNDRIES Through 3 Analysts
Portfolio Pulse from Benzinga Insights
Three analysts have recently shared their evaluations of GLOBALFOUNDRIES (NASDAQ:GFS), with ratings ranging from bullish to bearish. The average 12-month price target is $62.67, down 5.52% from the prior average. Analysts have adjusted their ratings and price targets, reflecting their responses to recent developments. GLOBALFOUNDRIES faces challenges in revenue growth and return on equity, but maintains a strong net margin and conservative debt management.
August 07, 2024 | 3:01 pm
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NEUTRAL IMPACT
Analysts have mixed views on GLOBALFOUNDRIES (NASDAQ:GFS) with an average 12-month price target of $62.67, down 5.52% from the prior average. The company faces challenges in revenue growth and return on equity, but maintains a strong net margin and conservative debt management.
The mixed analyst ratings and the reduction in the average price target suggest a neutral short-term impact on GFS stock. While the company faces revenue growth challenges, its strong net margin and conservative debt management provide some stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100