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AMD price target raised to $285 from $275 at Mizuho

Mizuho raised the firm’s price target on AMD (AMD) to $285 from $275 and keeps an Outperform rating on the shares following the analyst day. The company sees sales growing at 35% annually, which implies 2026 and 2027 revenue inline with estimates but 2028 through 2030 sales above expectatoins, the analyst tells investors in a research note. Mizuho upped numbers following AMD’s laying out of longer term financial targets.

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