Susquehanna Adjusts Price Targets for AMD, Intel, and Qualcomm Ahead of Earnings
Susquehanna has issued updated price targets for several major semiconductor companies in anticipation of the upcoming earnings season. The adjustments reflect varying outlooks on the sector's leading players, with significant shifts seen in both upward and downward revisions. Advanced Micro Devices (AMD) received a notable boost, with its price target raised to $620 from $550. Similarly, Qualcomm (QCOM) saw an increase to $185 from $160. In contrast, Intel (INTC) faced a downward revision, with its target lowered to $105 from the previous $115.
