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AMD vs. ARM: AMD Is Winning Today, But Arm May Be Building Something Even Bigger
['Jabran Kundi', 'Tue', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
On a bearish note, HSBC lowered its price target from $315 to $230, while also maintaining a "Hold" rating.
Based on their estimates, it has an average price target of $285.44, reflecting a further 5.5% upside from the current share price.
Susquehanna raised its price target on AMD from $450 to $500 on July 30 while maintaining its "Buy" rating.
Mizuho Securities also increased its price target from $615 to $625, reiterating its "Buy" rating.
The highest price target of $1250 implies an extraordinary 140% upside from the current levels.