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Wall Street Analyst Updates AMD Stock Price Target
Summary
A Wall Street analyst is projecting that Advanced Micro Devices (NASDAQ: AMD) stock could see further momentum over the coming year. In this line, an analyst at Cantor Fitzgerald has raised the AMD stock price target to $700 from $500 while maintaining an ‘Overweight’ rating on the semiconductor giant. The updated target implies potential upside of more than 34% from AMD’s last closing price of $521.58. AMD one-week stock price chart. Source: Fi…
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