Deutsche Bank Adjusts GlobalFoundries Price Target
Deutsche Bank has lowered its price target for GlobalFoundries from $75 to $60 while maintaining a 'Buy' rating on the stock.
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GlobalFoundries announced its financial results for the third quarter ended September 30, 2026, reporting revenue of $1.899 billion and a non-IFRS net income of $298 million.
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Deutsche Bank has lowered its price target for GlobalFoundries from $75 to $60 while maintaining a 'Buy' rating on the stock.
Evercore ISI Group has maintained an 'Outperform' rating on GlobalFoundries while lowering its price target from $85 to $54.
Susquehanna has maintained its 'Positive' rating on GlobalFoundries while reducing its price target from $125 to $110.