AMD Stock Dips Despite Bullish Analyst Sentiment
Advanced Micro Devices (AMD) shares edged lower on Wednesday, defying a wave of optimistic analyst coverage. Rosenblatt Securities' Kevin Cassidy reaffirmed his Buy rating and $250 price target, signaling a 5.03% potential upside. This comes despite AMD's 96.76% year-to-date surge and follows its landmark AI component deal with OpenAI in October 2025.
Mizuho's Vijay Rakesh boosted his price target to $275 (15.53% upside), while Bernstein's Stacy Rasgon maintained a cautious Hold at $200. The divergence in targets reflects lingering debate about AMD's valuation after its AI-driven rally.