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GlobalFoundries Inc (NASDAQ:GFS) Expected to Announce Quarterly Sales of $1.90 Billion

Analysts expect that GlobalFoundries Inc (NASDAQ:GFS – Get Rating) will report sales of $1.90 billion for the current quarter, according to Zacks Investment Research. Six analysts have provided estimates for GlobalFoundries’ earnings. The company is scheduled to announce its next earnings results on Tuesday, May 10th. On average, analysts expect that GlobalFoundries will report full […] ....

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Morgan Stanley Upgrades GlobalFoundries (NASDAQ:GFS) to "Overweight"

GlobalFoundries (NASDAQ:GFS – Get Rating) was upgraded by stock analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a report issued on Thursday, Briefing.com reports. The brokerage presently has a $72.50 target price on the stock. Morgan Stanley’s target price indicates a potential upside of 21.64% from the company’s previous […] ....

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