AMD (AMD) option IV near upper end of range

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Melius Research says AMD the 'Nvidia-Mini', raises price target

March 8, 2024 10:48 AM EST

In a note Friday, analysts at Melius Research described AMD (NASDAQ: AMD) as the "Nvidia-Mini." They raised their price target for the stock to $265 from $192 per share and maintained a Buy rating on the stock.

The firm raised the price target, citing the... More

AMD (AMD) PT Raised to $265 at Melius, 'May Indeed be the "Nvidia-Mini"'

March 8, 2024 6:02 AM EST

Melius analyst Ben Reitzers raised the price target on AMD (NASDAQ: AMD) to $265.00 (from $192.00) while maintaining a Buy rating.

The analyst comments "Stock Looking Like the Nvidia-Mini, But Don't Sell Your Nvidia: With a chip optimized for the inferencing explosion, AMD is... More