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Citi Lifts AMD (AMD.US) TP to US$260, Keeps Neutral Rating
2025-11-06 11:20:38
Citi released a research report on AMD (AMD.US), of which 3Q25 financial results and outlook are promising, on higher client, gaming, and data center segment sales.

The broker foresaw the company to raise its long-term guidance at next week's analyst day and forecast AMD's AI sales to proliferate by 174% in FY2026, although it believed that buy-side investors have already anticipated this.

The target price was revised up from US$215 to US$260, but the Neutral rating was maintained to reflect the high expectations of the buy-side.
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