Deutsche Bank lowered the firm’s price target on GlobalFoundries to $62 from $65 and keeps a Buy rating on the shares. The analyst says patience is required following the company’s Q4 report.
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- Globalfoundries Inc. Reports Earnings: Did it Beat Estimate Forecasts?
- Chip Projections Hit GlobalFoundries (NASDAQ:GFS) in Trading
- GlobalFoundries Reports Fourth Quarter 2023 and Fiscal Year 2023 Financial Results
- GlobalFoundries sees Q1 adjusted EPS 18c-28c, consensus 46c
- GlobalFoundries reports Q4 adjusted EPS 64c, consensus 58c
