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AMD (AMD) PT Raised to $265 at Melius, 'May Indeed be the "Nvidia-Mini"'

March 8, 2024 6:02 AM EST

Melius analyst Ben Reitzers raised the price target on AMD (NASDAQ: AMD) to $265.00 (from $192.00) while maintaining a Buy rating.

The analyst comments "Stock Looking Like the Nvidia-Mini, But Don't Sell Your Nvidia: With a chip optimized for the inferencing explosion, AMD is... More