Zhitong Finance APP learned that Piper Sandler analyst Harsh Kumar released a research report, reiterating his "overweight" rating on AMD (AMD.US) with a target price of $110. After talking with AMD management, the analyst is full of confidence in the factors driving the company's performance growth and its positioning in market competition. The analyst said that he is optimistic about AMD's development in the fields of corporate servers, personal computers and notebook computers. While the stock has underperformed the semiconductor industry index by about 18% so far this year, "we don't think the current level is...
Web link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments