Reported about 13 hours ago
Bank of America has upgraded Advanced Micro Devices, Inc. (AMD) stock from $250 to a price target of $300, classifying it as a ‘Buy’ due to its substantial opportunity in the semiconductor market. The firm cites the upcoming launch of AMD's MI450 Series 'Helios' racks as a significant catalyst, supported by key clients like Oracle and Meta, with the Analyst Day on 11/11 highlighted as the next major event for investors to monitor.
Source: YAHOO