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benzinga.com
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Spotify To Rally Around 13%? Here Are 10 Top Analyst Forecasts For Wednesday - Advanced Micro Devices (NASDAQ:AMD), Clorox (NYSE:CLX)

1. Keybanc cut AMD's price target from $150 to $140. 2. Keybanc maintained an Overweight rating for AMD. 3. AMD shares closed at $119.50, below the new target. 4. Analyst ratings impact market perception and investor confidence. 5. Upgrades or downgrades in tech could shift AMD's market performance.

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FAQ

Why Bearish?

The price target reduction signals potential short-term weakness in AMD's stock.

How important is it?

Analyst ratings directly affect investor decisions and could influence AMD's trading.

Why Short Term?

Market reactions to a lowered target typically surface quickly, influencing trading behavior.

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