Thinking About Buying Stock In AMD, Draftkings, Microsoft Or Robinhood?

One of the most common questions traders have about stocks is “Why Is It Moving?”

That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why a stock is moving.

Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders.

Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends.

Raymond James analyst Chris Caso maintained Advanced Micro Devices, Inc. AMD with an Outperform and raised the price target from $110 to $140.

Rosenblatt analyst Hans Mosesmann maintained AMD with a Buy and raises the price target from $150 to $180.

Mizuho analyst Vijay Rakesh maintained AMD with a Buy and raised the price target from $110 to $135.

Deutsche Bank analyst Ross Seymore maintained AMD with a Hold and raised the price target from $90 to $113.

AMD is trading lower by 0.6% at $122.17 after reporting earnings Tuesday afternoon.

BTIG analyst Clark Lampen initiated coverage on Draftkings Inc DKNG with a Neutral rating.

Draftkings is trading higher by 0.3% at $48.90.

Piper Sandler analyst Brent Bracelin maintained Microsoft Corporation MSFT with an Overweight and raised the price target from $310 to $352.

Microsoft is trading higher by 1.3% at $314.25 after reporting earnings Tuesday afternoon.

See Also: Retail-Investor Focus Shifted From Dogecoin To Equities In Q3, Says Robinhood As Crypto Revenue Takes A Hit

Keybanc analyst Josh Beck maintained Robinhood Markets Inc HOOD with an Overweight and lowered the price target from $55 to $50.

Rosenblatt analyst Sean Horgan maintained Robinhood Markets with a Buy and lowered the price target from $55 to $50.

Robinhood Markets is trading lower by 9.2% at $35.95 after reporting earnings Tuesday afternoon.