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AMD Dips Premarket: Bulls Defend Key Support as Analysts Hike Targets

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • AMD traded 0.5% lower in premarket action, tracking broader market declines rather than fundamental weakness.
  • While near-term moving averages indicate pressure, long-term technicals remain bullish, MACD momentum is improving, and major analysts have recently raised price targets up to $700.
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AMD price history

516.13 +140.00% over the displayed period

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