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AMD Surges on Raymond James Upgrade to Strong Buy and $641 Price Target

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The Story

News Summary

  • AMD shares gained 2.5% pre-market following an upgrade from Raymond James to Strong Buy with a raised price target of $641.
  • The broker highlighted massive AI server CPU market growth potential alongside a supportive broader semiconductor and tech market backdrop.
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AMD price history

493.41 +139.37% over the displayed period

Advisor Snapshot

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