Susquehanna raised the firm’s price target on AMD to $145 from $135 and keeps a Positive rating on the shares. The firm said while the near-term was buoyed by better PC, management doubled down on their 2H DC inflection, driven by a strong ramp in Genoa and MI300.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AMD: