ATLAS News · Markets
TradingView reports Oppenheimer raised Advanced Micro Devices to Outperform from Perform and set a $600 price target, as other outlets cover AMD and SOXL.
TradingView reports that Oppenheimer upgraded Advanced Micro Devices (AMD) to Outperform from Perform. The firm also set a price target of $600 on the stock.
According to TradingView, the target implies upside of 33.6% from the November 6 close of $449.04. The report also points to recent analyst actions on the company, citing the five most recent analyst notes.
Separately, MarketBeat published a note on a new AMD position bought by M Holdings Securities Inc. Seeking Alpha ran a piece on SOXL, the Direxion Daily Semiconductor Bull 3X ETF, describing it as a high-risk, short-term trading vehicle.
Analyst rating changes are one of the ways brokerages communicate their view of a company, and price targets are estimates that can differ widely between firms.
Rating changes and institutional position disclosures are among the items market participants follow when assessing sentiment around AMD and the semiconductor sector.
Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.
Technology · NASDAQ
live price · USD
Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.
Latest close of the ETFs that track the main US indices (SPY, QQQ, DIA), from ATLAS data.
S&P 500 (SPY): 735.29 (+0.31%) · November 6
Nasdaq-100 (QQQ): 656.10 (+1.40%) · November 6
Dow Jones (DIA): 512.22 (−0.40%) · November 6
ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.
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Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer
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