Hk01
2021-11-22
Nice
GlobalFoundries Shares Pop As Analysts Initiate Coverage; See Up To 61% Upside
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See Up To 61% Upside","url":"https://stock-news.laohu8.com/highlight/detail?id=1118935265","media":"Benzinga","summary":"Multiple analysts initiated coverage on GLOBALFOUNDRIES Inc.\nCredit Suisse analyst John Pitzer initi","content":"<ul>\n <li>Multiple analysts initiated coverage on <b>GLOBALFOUNDRIES Inc</b>.</li>\n <li><b>Credit Suisse</b> analyst John Pitzer initiated coverage with an Outperform and $75 price target, implying a 20.8% upside.</li>\n <li>The analyst says the benefits of the company's 2018 strategic pivot from \"bleeding edge\" to \"pervasive\" are just now inflecting.</li>\n <li>He sees semi-cyclical and foundry secular tailwinds for GlobalFoundries.</li>\n <li><b>Citi</b> analyst Christopher Danely initiated coverage with a Buy rating and $75 price target.</li>\n <li>The analyst expects the company to experience the most significant margin and earnings expansion in the semiconductor group, with gross margin expanding from 14% in 2021 to 30% in 2023, driven by higher pricing and restructuring initiatives.</li>\n <li><b>Needham</b> analyst Rajvindra Gill initiated coverage with a Buy and a price target of $85, implying a 36.9% upside.</li>\n <li><b>JP Morgan</b> analyst Harlan Sur initiated coverage with an Overweight and a price target of $80, implying a 28.8% upside.</li>\n <li><b>Cowen</b> analyst Krish Sankar initiated coverage with an Outperform and $80 price.</li>\n <li><b>Raymond James</b> analyst Chris Caso initiated coverage with an Outperform and $80 price target.</li>\n <li><b>Jefferies</b> analyst Mark Lipacis initiated coverage with a Buy rating and a price target of $87, implying a 40.1% upside.</li>\n <li><b>Baird</b> analyst Tristan Gerra initiated coverage with an Outperform and a $100 price target, implying a 61% upside.</li>\n <li><b>Price Action:</b> GFS shares traded higher by 5.46% at $65.5 in the premarket session on the last check Monday.</li>\n</ul>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobalFoundries Shares Pop As Analysts Initiate Coverage; See Up To 61% Upside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-22 20:52 GMT+8 <a href=https://www.benzinga.com/news/21/11/24217002/globalfoundries-shares-pop-as-analysts-initiate-coverage-see-up-to-61-upside><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Multiple analysts initiated coverage on GLOBALFOUNDRIES Inc.\nCredit Suisse analyst John Pitzer initiated coverage with an Outperform and $75 price target, implying a 20.8% upside.\nThe analyst says the...</p>\n\n<a href=\"https://www.benzinga.com/news/21/11/24217002/globalfoundries-shares-pop-as-analysts-initiate-coverage-see-up-to-61-upside\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GFS":"GLOBALFOUNDRIES Inc."},"source_url":"https://www.benzinga.com/news/21/11/24217002/globalfoundries-shares-pop-as-analysts-initiate-coverage-see-up-to-61-upside","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118935265","content_text":"Multiple analysts initiated coverage on GLOBALFOUNDRIES Inc.\nCredit Suisse analyst John Pitzer initiated coverage with an Outperform and $75 price target, implying a 20.8% upside.\nThe analyst says the benefits of the company's 2018 strategic pivot from \"bleeding edge\" to \"pervasive\" are just now inflecting.\nHe sees semi-cyclical and foundry secular tailwinds for GlobalFoundries.\nCiti analyst Christopher Danely initiated coverage with a Buy rating and $75 price target.\nThe analyst expects the company to experience the most significant margin and earnings expansion in the semiconductor group, with gross margin expanding from 14% in 2021 to 30% in 2023, driven by higher pricing and restructuring initiatives.\nNeedham analyst Rajvindra Gill initiated coverage with a Buy and a price target of $85, implying a 36.9% upside.\nJP Morgan analyst Harlan Sur initiated coverage with an Overweight and a price target of $80, implying a 28.8% upside.\nCowen analyst Krish Sankar initiated coverage with an Outperform and $80 price.\nRaymond James analyst Chris Caso initiated coverage with an Outperform and $80 price target.\nJefferies analyst Mark Lipacis initiated coverage with a Buy rating and a price target of $87, implying a 40.1% upside.\nBaird analyst Tristan Gerra initiated coverage with an Outperform and a $100 price target, implying a 61% upside.\nPrice Action: GFS shares traded higher by 5.46% at $65.5 in the premarket session on the last check Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":16,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/875032878"}
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