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AMD price target raised to $260 from $215 at Citi

Citi raised the firm’s price target on AMD (AMD) to $260 from $215 and keeps a Neutral rating on the shares. The firm says better client, gaming, and data center segment sales drive good Q3 results for AMD. Citi expects the company to up its long-term guidance at next week’s analyst day. It cites high expectations for the Neutral rating.

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