Wedbush Reiterates Outperform on GLOBALFOUNDRIES, Maintains $65 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Matt Bryson has reiterated an Outperform rating on GLOBALFOUNDRIES (NASDAQ:GFS) and maintained a $65 price target.
August 07, 2024 | 3:09 pm
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Wedbush analyst Matt Bryson has reiterated an Outperform rating on GLOBALFOUNDRIES (NASDAQ:GFS) and maintained a $65 price target.
The reiteration of an Outperform rating and a maintained price target of $65 by a reputable analyst can boost investor confidence in GLOBALFOUNDRIES, likely leading to a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100