AMD Target Price Upgraded to $725, Microsoft Cut to $570 as Major Banks Update Price Targets on July 15

On July 15, major U.S. investment banks released updated equity research, with KeyBanc raising AMD's target price from $530 to $725, Goldman Sachs upgrading JPMorgan Chase to $418 from $361, and Needham raising SpaceX's target price from $200 to $250. Meanwhile, Citi downgraded Microsoft's target price from $620 to $570 after its recent rally, while HSBC lowered Arm Holdings to "hold" but raised its target to $315 from $205. Barclays initiated coverage of SK Hynix with a "buy" rating and $330 target, citing strength in AI-driven memory demand.
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