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Stock impact report

Advanced Micro Devices (AMD) Down More Than 13.9%, Here's What You Need to Know [Yahoo! Finance]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: Yahoo! Finance
However, Wall Street maintains a positive opinion on the stock, with analysts' 12 month price target reflecting 38.7% upside from the current levels. ?On December 17, Louis Miscioscia from Daiwa reiterated a Buy rating on the stock with a $300 price target. Earlier on December 16, Cantor Fitzgerald and Bank of America Securities also reiterated a Buy rating on the stock. However, both firms reduced the price targets. Cantor Fitzgerald reduced the price target from $350 to $300, and BofA lowered the target from $300 to $260. ?Analyst Vivek Arya of BofA noted that the reduced price target reflects the firm's updated outlook across the United States semiconductor stocks. The firm sees 2026 as the midpoint of an 8 to 10-year-long AI infrastructure cycle. However, BofA expects volatility in 2026, driven by increased investor scrutiny regarding return on investment and hyperscale cash flow. On the bright side, the firm expects that the volatility will be balanced by increased demand for Show less Read more
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