Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Wajeeh Khan

This Analyst Just Raised the Price Target on AMD Stock. Here's Why.

Wells Fargo analyst Aaron Rakers raised his price target on Advanced Micro Devices (AMD) stock to $615 on Tuesday, June 30, maintaining an “Overweight” rating on the chipmaker.

The new target implies roughly 14% upside from recent trading levels, making it one of the more bullish positions among Wall Street analysts covering the stock.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.