Cointime reports: AMD shares rose 1.78% to $457.04 in premarket trading on Nov. 9 after Oppenheimer upgraded the stock to “outperform” from “market perform” with a $600 price target. That target implies about 33.6% upside from the Nov. 6 close of $449.04. The firm cited strong data-center performance and accelerating AI chip sales as drivers of 2027 revenue and profit growth.
AMD Rises 1.78% Premarket After Oppenheimer Upgrade to Outperform
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