AMD Expected to Surge 16%? Top Analyst Predictions for Wednesday
Advanced Micro Devices Inc. (NASDAQ:AMD) is generating buzz among analysts, with expectations for a potential price surge of 16%. Mizuho has recently raised its price target for AMD from $275 to $285, significantly higher than its current closing price of $237.52.
Expert Insights on AMD
Mizuho analyst Vijay Rakesh has maintained an Outperform rating on AMD, indicating a favorable outlook for the company. Investors have shown increasing interest in AMD, particularly in the context of recent market changes.
Other Analyst Upgrades and Downgrades
- Six Flags Entertainment Corporation (NYSE:FUN): Price target reduced from $28 to $24 by Mizuho, closing price at $15.44.
- Palo Alto Networks, Inc. (NASDAQ:PANW): Jefferies increased the price target from $235 to $250, with shares closing at $218.27.
- Parker-Hannifin Corporation (NYSE:PH): Susquehanna raised the price target from $960 to $1,000, shares closed at $857.93.
- Natural Gas Services Group, Inc. (NYSE:NGS): Stifel raised the price target from $33 to $39, while shares settled at $28.19.
- Infinity Natural Resources, Inc. (NYSE:INR): Keybanc reduced the price target from $22 to $19, with shares closing at $13.45.
These strategic adjustments from financial analysts reflect a dynamic investment landscape, making it an interesting time for stakeholders in AMD and other companies. As investors decide whether to act on these insights, AMD’s anticipated growth continues to capture attention.
