Piper Sandler Reiterates Overweight on AMD, Sees AI Catalysts Ahead

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Buzzing AI Stocks on Wall Street. On December 15, Piper Sandler reiterated an “Overweight” rating on the stock with a $280.00 price target. The rating affirmation follows the firm’s pre-quiet period call with AMD, with analysts citing several key AI catalysts working in favor of the stock. “AMD Gearing Up For Helios; We had the opportunity to host AMD's pre-quiet period call last week. All in all, we walked away comfortable with the company's near a ...