Piper Sandler Maintains Overweight on Advanced Micro Devices, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has maintained an Overweight rating on Advanced Micro Devices (AMD) and raised its price target from $175 to $200, indicating a positive outlook for the company's stock.
October 11, 2024 | 2:02 pm
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Piper Sandler has maintained an Overweight rating on AMD and increased the price target from $175 to $200, suggesting a positive short-term outlook for the stock.
The increase in price target from $175 to $200 by Piper Sandler, along with maintaining an Overweight rating, indicates strong confidence in AMD's future performance. This is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100