GlobalFoundries price target lowered to $40 from $44 at JPMorgan

finance.yahoo.com/news/globalfoundries-price-target-lowered-40-142147082.html

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JPMorgan lowered the firm’s price target on GlobalFoundries (GFS) to $40 from $44 and keeps a Neutral rating on the shares. The firm notes GlobalFoundries reported results above expectations, reflecting strong growth in its non-wafer revenue, which helped offset seasonal…

This story appeared on finance.yahoo.com, 2025-05-08 14:21:47.
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