Citigroup Maintains Buy on Advanced Micro Devices, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Danely maintains a Buy rating on Advanced Micro Devices (AMD) but lowers the price target from $210 to $200.
October 30, 2024 | 6:42 pm
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NEUTRAL IMPACT
Citigroup analyst Christopher Danely maintains a Buy rating on AMD but lowers the price target from $210 to $200.
The maintenance of a Buy rating suggests continued confidence in AMD's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal may result in a neutral short-term impact on AMD's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100