Here’s Why UBS Lowered Advanced Micro Devices (AMD) Price Target

Advanced Micro Devices Inc. (NASDAQ:AMD) is one of the 13 Most Profitable Growth Stocks to Buy Right Now. On March 2, UBS analyst Timothy Arcuri reiterated a Buy rating on Advanced Micro Devices Inc. (NASDAQ:AMD) while lowering the firm’s price target. He reduced the firm’s price target on the stock from $330 to $310. The analyst continues to express confidence in the company’s long-term outlook, supported by AI-driven data center expansion and rising demand. He expected revenue growth to accelerate in 2 ...