AMD Price Target Slashed By Investment Bank Ahead Of Q4 Earnings ...Middle East

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AMD Price Target Slashed By Investment Bank Ahead Of Q4 Earnings
source : Wccf tech ( Middle East ) () 62

Ahead of its fourth-quarter earnings tomorrow, AMD saw its price target cut by Cantor Fitzgerald, with data center revenues expected to remain below consensus. AMD's shares have demonstrated lackluster performance over the past six months as markets have questioned the firm's ability to compete with NVIDIA in the AI industry and remained downbeat about the performance of the PC market during the year's first half. Cantor kept AMD's share rating at Overweight as part of a note that reduced the share price target to $135 from $150. AMD Scores Another Bearish Analyst Note Ahead Of Q4 Earnings Before Cantor's price […]

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