- Cowen analyst Matthew Ramsay raised the price target on Advanced Micro Devices Inc AMD to $150 from $145 and reiterated an Outperform rating on the shares. The price target implies an upside of 12%.
- The analyst told investors not to overlook its organic strength despite the deal delay.
- He said it shouldn't distract from what remains one of the best organic growth stories in semis, which is still in the middle innings of its growth.
- Price Action: AMD shares traded lower by 2.54% at $133.41 on the last check Tuesday.
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AMDAdvanced Micro Devices Inc
$114.35-0.56%
Edge Rankings
Momentum
21.70
Growth
82.79
Quality
71.20
Value
15.91
Price Trend
Short
Medium
Long
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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