Citi lowered the firm’s price target on AMD (AMD) to $248 from $260 and keeps a Neutral rating on the shares. Citi also added an “upside 30-day catalyst watch” on the shares into the Q1 report. The firm sees upside to consensus estimates on higher central processing unit demand and pricing from amid agentic AI use.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMD:
- Why Is Wall Street Bullish on TSMC Stock (TSM) Ahead of Q1 Earnings?
- ‘Time to Jump In?’ Top Analyst Upgrades AMD Stock to Buy
- Advanced Micro Devices Ignites AI Hopes as Analysts Pile In
- AMD Stock Jumps Alongside Gains In the March 2026 Steam Hardware Survey
- Morning News Wrap-Up 4/2/26: Today’s Biggest Stock Market Stories!