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Analyst Sets AMD Stock Price Target for the Next 12 Months
Summary
On the morning of Monday, July 6, Goldman Sachs (NYSE: GS) analyst James Schneider revised his 12-month outlook for the world’s second-largest semiconductor company, Advanced Micro Devices (NASDAQ: AMD). According to the note, the Wall Street expert lifted his AMD price target from the previous $450 to $640 and retained the ‘Buy’ rating. Considering the blue-chip chipmaker is, at press time, trading at $559.85, it is likely the change is primari…
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