LYFT and AMD Analysts Weigh In on Sector's Hottest Stocks
Analysts have been weighing in on two technology companies, Lyft (LYFT) and Advanced Micro Devices (AMD), as part of a broader sector trend. Analyst Monness's Brian White has maintained a Hold rating on LYFT, with the company's shares closing last Friday at $17.46. White is a 5-star analyst with an average return of 17.2% and a 68.3% success rate.
TipRanks.com reports that LYFT has an analyst consensus of Moderate Buy, with a price target consensus of $19.70 - representing a 17.1% upside from current levels. White covers the Technology sector, focusing on stocks such as Salesforce, Snowflake, and PagerDuty.
In a separate development, Phillip Securities' Yik Ban Chong maintained a Buy rating on Advanced Micro Devices today, with the company's shares closing last Friday at $483.36. According to TipRanks.com, Chong has an average return of 131.3% when recommending AMD.
TipRanks also reports that the analyst consensus on AMD is a Strong Buy with an average price target of $636.66 - representing a 27.9% upside.