DA Davidson Analyst Raises AMD Stock Price Target for 2026
DA Davidson analyst Gil Luria upgraded AMD to Buy and raised its 2026 price target to $375 from $220, citing a structural shift in AI system design that has increased demand for AMD's chips. The move follows a rival's earnings report that highlighted changes in the CPU market, suggesting AMD is poised for stronger performance than previously anticipated.
Topics: AI AMD Analyst Upgrade Investor Sentiment Semiconductor Industry Stock Price Target