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Wajeeh Khan

Citi Just Upped the Price Target on AMD Stock. Here's Why.

AMD Citi Atif Malik Advanced Micro Devices

Advanced Micro Devices (AMD) stock has already been a blockbuster investment in 2026, but a senior Citi analyst believes it has significant further room to the upside. In a research note yesterday, Atif Malik maintained a “Buy” rating on AMD and raised his price target rather significantly to $800, indicating potential upside of another 23% from here.

As of this writing, AMD shares are trading at nearly 3x their price at the start of this year.

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