Mizuho lowered the firm’s price target on AMD (AMD) to $275 from $285 and keeps an Outperform rating on the shares. The firm reduced the price target post the earnings report to reflect higher spending.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMD:
- AMD price target raised to $280 from $260 at BofA
- AMD price target raised to $235 from $225 at Bernstein
- Advanced Micro Devices, Inc. Earnings Report: Did it Beat Expectations?
- AMD Stock Down 8% Despite Strong Q4 Earnings — What Spooked Investors
- AMD’s Secular AI Ramp Drives Confident Buy Case Toward $290 Target
