Wedbush Raises PT on Advanced Micro Devices (AMD) Stock

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Most Promising AI Stocks to Buy Right Now. On October 15, analyst Matt Bryson from Wedbush lifted the price objective on the company’s stock from $190 to $270, while keeping an “Outperform” rating. The lift in price objective came after Advanced Micro Devices, Inc. (NASDAQ:AMD) announced 2 blockbuster deals with Oracle and OpenAI. The analyst believes that the company has clearly provided future certainty related to the GPU demand, announcing new agre ...