Morgan Stanley just raised its AMD price target. Wall Street is still betting on AI chips.
Morgan Stanley increased its AMD$483.47 price target from $510 to $550.
Previous target: $510
New target: $550
Increase: $40 (+7.8%)
The higher target reflects a more optimistic valuation outlook, but analyst price targets are projections not guaranteed outcomes.
AMD bulls just got a little more ammunition.
Can AMD live up to the AI hype
Morgan Stanley increased its AMD$483.47 price target from $510 to $550.
Previous target: $510
New target: $550
Increase: $40 (+7.8%)
The higher target reflects a more optimistic valuation outlook, but analyst price targets are projections not guaranteed outcomes.
AMD bulls just got a little more ammunition.
Can AMD live up to the AI hype
