TD Cowen Maintains Buy on Advanced Micro Devices, Lowers Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Joshua Buchalter maintains a Buy rating on Advanced Micro Devices (AMD) but lowers the price target from $210 to $185.
October 30, 2024 | 6:35 pm
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TD Cowen analyst Joshua Buchalter maintains a Buy rating on AMD but lowers the price target from $210 to $185, indicating a positive outlook with some caution.
The maintained Buy rating suggests continued confidence in AMD's performance, but the lowered price target reflects a more cautious outlook on its valuation. This mixed signal may result in a neutral short-term impact on AMD's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100