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Analysts See Bullishness for AMD; AMMO Beats Wall Street Estimates

  • June 14th, 2023
  • 239 views

Advanced Micro Devices, Inc. (Nasdaq: AMD), a leading technology company in the semiconductor industry, has garnered positive evaluations and price target increases from various reputable financial institutions.

The following institutions maintained a Buy rating for AMD, indicating their confidence in the company's performance:

Craig-Hallum: Raised the price target from $100 to $158.
Jefferies: Raised the price target from $100 to $145.
Mizuho: Raised the price target from $90 to $140.
Barclays: Raised the price target from $90 to $145.

Furthermore, other institutions also expressed positive sentiments toward AMD, emphasizing its favorable prospects:

BMO Capital: Maintained an Outperform rating and raised the price target from $110 to $150.
Susquehanna: Maintained a Positive rating and raised the price target from $120 to $145.
Wells Fargo: Maintained an Overweight rating and raised the price target from $120 to $150.
Raymond James: Maintained a Strong Buy rating and raised the price target from $110 to $145.

$AMD is currently trading at $127.79 in after-hours, reflecting a modest increase of $0.46 (+0.36%).


AMMO, Inc. (NASDAQ: POWW), a leading ammunition manufacturer and technology company, has announced its financial results for the fourth quarter of fiscal year 2023. 

The company reported an adjusted earnings per share (EPS) of $0.03, surpassing the projections made by analysts who had anticipated a loss of $0.01 per share. 

In after-hours, $POWW is trading at $2.34, up $0.30 (+14.70%)

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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