GlobalFoundries (GFS)
(Delayed Data from NSDQ)
$41.10 USD
+1.11 (2.78%)
Updated Sep 11, 2024 04:00 PM ET
After-Market: $41.15 +0.05 (0.12%) 7:58 PM ET
3-Hold of 5 3
C Value D Growth B Momentum D VGM
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$41.10 USD
+1.11 (2.78%)
Updated Sep 11, 2024 04:00 PM ET
After-Market: $41.15 +0.05 (0.12%) 7:58 PM ET
3-Hold of 5 3
C Value D Growth B Momentum D VGM
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GlobalFoundries Inc. (GFS) Stock Sinks As Market Gains: What You Should Know
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After losing some value lately, a hammer chart pattern has been formed for GlobalFoundries Inc. (GFS), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
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The mean of analysts' price targets for GlobalFoundries Inc. (GFS) points to a 28.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
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Wall Street Analysts Think GlobalFoundries Inc. (GFS) Could Surge 51%: Read This Before Placing a Bet
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The consensus price target hints at a 50.9% upside potential for GlobalFoundries Inc. (GFS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
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