Advanced Micro Devices Stock Pops on Bullish Coverage

Semiconductor stocks are in rally mode before Christmas, with shares of Advanced Micro Devices Inc (NASDAQ AMD) last seen up 4.6% to trade at $124.65. The security attracted new bullish coverage from Rosenblatt, which set a "buy" rating and $250 price target, implying a nearly 100% upside. The analyst cited expanding market share in central processing units and and graphics processing units (GPUs).On track for its biggest single-day percentage gain since Oct. 4, AMD is still down 15.3% this year and once ag ...