AMD stock is up 1.1% due to analyst coverage boosting stock by 22% in last three months

From Nasdaq: 2025-06-23 15:25:00

Advanced Micro Devices (NASDAQ: AMD) stock is up 1.1% despite early gains. The S&P 500 and Nasdaq Composite are both up 0.7%. Analyst coverage has boosted AMD’s stock by 22% in the last three months.

Melius upgraded AMD stock from hold to buy with a one-year price target of $175. The firm sees strong potential in the AI sector and expects increased demand for GPUs.

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Read more at Nasdaq: Why AMD Stock Is Rising Today