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Analysts Offer Insights on Technology Companies: Lyft (LYFT) and Advanced Micro Devices (AMD)

Tipranks - Sat Aug 8, 4:08PM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Lyft (LYFT) and Advanced Micro Devices (AMD).

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Lyft (LYFT)

Monness analyst Brian White maintained a Hold rating on Lyft today. The company’s shares closed last Friday at $17.46.

According to TipRanks.com, White is a 5-star analyst with an average return of 17.2% and a 68.3% success rate. White covers the Technology sector, focusing on stocks such as Salesforce, Snowflake, and PagerDuty. ;'>

Lyft has an analyst consensus of Moderate Buy, with a price target consensus of $19.70, a 17.1% upside from current levels. In a report issued on July 28, TipRanks – DeepSeek also downgraded the stock to Hold with a $15.50 price target.

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Advanced Micro Devices (AMD)

Phillip Securities analyst Yik Ban Chong maintained a Buy rating on Advanced Micro Devices today. The company’s shares closed last Friday at $483.36.

Chong has an average return of 131.3% when recommending Advanced Micro Devices. ;'>

According to TipRanks.com, Chong is ranked #553 out of 12455 analysts.

Currently, the analyst consensus on Advanced Micro Devices is a Strong Buy with an average price target of $636.66, representing a 27.9% upside. In a report issued on July 23, Barclays also maintained a Buy rating on the stock with a $665.00 price target.

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