Form 6-K GLOBALFOUNDRIES Inc. For: Nov 30

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GlobalFoundries Inc. (GFS) PT Raised to $87 at Needham & Company

December 1, 2021 6:49 AM EST

Needham & Company analyst Rajvindra Gill raised the price target on GlobalFoundries Inc. (NASDAQ: GFS) to $87.00 (from $85.00) while maintaining a Buy rating.

The analyst commented, "We are raising our PT to $87 as GlobalFoundries posted a strong beat and raise in its first quarter... More