Citi Raises Price Target for Advanced Micro Devices (AMD) by $110 Following Strong Q1 Performance

Advanced Micro Devices, Inc. (NYSE: AMD) reported strong first-quarter results in 2026 with revenue and profit exceeding estimates due to high demand for its data-center chips used in AI infrastructure. Citi raised its price target from $248 to $358 while maintaining a 'Neutral' rating.

By Sultan Khalid Fri, May 15, 2026 at 11:42 AM GMT+3 1 min read · Yahoo Finance · May 15, 2026, 08:42 UTC

Tickers: $AMD

Topics: Citi upgrade Q1 earnings beat stock price target

Read the full article at Yahoo Finance

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