This Nvidia competitor just received a Wall Street price increase

Advanced Micro Devices (NASDAQ: AMD), a rival to Nvidia (NASDAQ: NVDA), has received a bullish endorsement from BofA Securities, which maintained its ‘Buy’ rating and raised its price target from $175 to $200.The new target represents an increase of about 15% from AMD’s last closing price of $173. Notably, the semiconductor giant ended the previous session up over 4% and has rallied 11% over the past week.AMD one-week stock price chart. Source: FinboldThe price revision comes ahead of the company’s earnings ...