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AMD Stock Drops On Q4 Outlook As 10 Analysts Highlight 'Long-Term AI Growth Opportunity,' Nvidia Rivalry

Benzinga LogoBenzinga1d ago

AMD Stock Drops On Q4 Outlook As 10 Analysts Highlight 'Long-Term AI Growth Opportunity,' Nvidia Rivalry - Benzinga

Quick Summary:

Piper Sandler analyst Harsh Kumar reiterated an Overweight rating and lowered the price target from $200 to $180.

The AMD Analysts: KeyBanc analyst John Vinh reiterated an Overweight rating with a $220 price target.

Morgan Stanley analyst Joseph Moore maintained an Equal-weight rating and lowered the price target from $178 to $169.

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AMD Stock Drops On Q4 Outlook As 10 Analysts Highlight 'Long-Term AI Growth Opportunity,' Nvidia Rivalry - Benzinga (Picture 1)

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Article Details

Author / Journalist: Chris Katje

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 19:26:24 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 931 words

Reading Time: 6 minutes read

Sentences: 44 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23341921

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 22 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10 hours ago

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Publisher ID: #53

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