GLOBALFOUNDRIES (GFS) Tops Q1 EPS by 19c

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Go back to GLOBALFOUNDRIES (GFS) Tops Q1 EPS by 19c

GlobalFoundries Inc. (GFS) PT Lowered to $70 at Needham & Company

May 11, 2022 8:11 AM EDT

Needham & Company analyst Rajvindra Gill lowered the price target on GlobalFoundries Inc. (NASDAQ: GFS) to $70.00 (from $87.00) while maintaining a Buy rating.

The analyst commented, "GFS posted its third robust beat and raise quarter since going public last October. Impressive metrics included record... More