Zhitong Finance APP learned that Piper Sandler analyst Harsh Kumar released a research report, reiterating his "overweight" rating on AMD (AMD.US) with a target price of $110. After talking with AMD management, the analyst is full of confidence in the factors driving the company's performance growth and its positioning in market competition. The analyst said that he is optimistic about AMD's development in the fields of corporate servers, personal computers and notebook computers. While the stock has underperformed the semiconductor industry index by about 18% so far this year, "we don't think current levels are...
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