A post by @FirstSquawk on X.
BOFA GLOBAL RESEARCH CUTS AMD PRICE OBJECTIVE TO $650 FROM $720
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BofA Global Research lowered its price objective on AMD to $650 from $720. The revision trims the bank's target for the chipmaker by roughly 10% while keeping it well above recent trading levels. AMD has been a focal point for investors tied to AI accelerator demand and data-center growth. The cut signals a more cautious view on how much upside BofA sees in the stock.
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AMD (AMD), BofA Global Research
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