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Jefferies Reiterates Buy as Advanced Micro Devices (AMD) Announces Alibaba (BABA) Partnership

October 17, 2016 7:41 AM EDT

Jefferies reiterated a Buy rating and $9.00 price target on Advanced Micro Devices (NASDAQ: AMD) following the company's announced partnership with Alibaba (NYSE: BABA). This is the 3rd deal that AMD has announced this year with China-based... More