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Stock impact report

5-star analyst drops jaw-dropping price target on AMD stock [Yahoo! Finance]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
Company Research Source: Yahoo! Finance
Wells Fargo's Aaron Rakers (a 5-star analyst as per Tipranks) reiterated his Overweight rating on AMD, while setting a $345 price target (implying roughly 49% upside from current prices). For perspective, AMD shares currently trade at , and Rakers' price target isn't the only one turning heads. UBS (Timothy Arcuri) raised to $300 from $265 (Buy)— 29.4% upside Piper Sandler (Harsh Kumar) raised to $280 from $240 (Overweight)— 20.8% upside ; on the back of stronger visibility in data-center and AI trajectory. KeyBanc (John Vinh) (upgrade to Overweight)— 16.5% upside tied to strengthening server CPU and AI accelerator demand outlook. Morgan Stanley raised to $260 from $246 (Equalweight)— 12.2% upside ; perhaps the most measured stance compared to higher-bull targets. Price targets like these are a breath of fresh air, and it appears that AMD stock is finally getting its due. Having covered AMD and other AI stocks, it's fair to say it's sort of always playing second fiddle Show less Read more
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