GlobalFoundries Inc. (GFS) PT Raised to $48 at HSBC
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GLOBALFOUNDRIES (GFS) Correction Expected by Citi
August 12, 2022 12:00 PM EDTGLOBALFOUNDRIES (NASDAQ: GFS) held its 2022 analyst day on Thursday, where it reiterated an 8-12% long-term revenue growth target, a 40% gross margin target, and a 25% operating margin.
The company's shares have jumped more than 10% during Friday's session.
Citi analyst Christopher Danely reiterated a Buy rating and $67 price target on... More
