Why AMD Stock Just Popped
AMD could be a winner in the next AI market shift, but does its stock cost too much?
Overview
Advanced Micro Devices (NASDAQ: AMD) stock skipped 3.5% higher through 10:30 a.m. ET Tuesday, and you can thank Wells Fargo for that.
In a note this morning, Wells analyst Aaron Rakers raised his price target on AMD stock to $615 per share, implying he sees 10% upside over the next year.
Image source: Advanced Micro Devices.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.