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Rosenblatt boosts AMD target to new Street high

Published 08/23/2018, 08:49 AM
© Reuters.  Rosenblatt boosts AMD target to new Street high
AMD
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  • Rosenblatt maintains a Buy rating on AMD (NASDAQ:AMD) and raises the price target to the Street-high $30 from $27, a 44% upside to yesterday’s close.
  • Analyst Hans Mosesmann cites positive institutional investor meetings and renewed conviction for a multiyear double-digit growth profile for AMD.
  • AMD shares are up 1.4% premarket to $21.19.
  • Now read: TUL Corp. Revenue Data Offers First Clear Read On AMD Q2 GPU Biz


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