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Citi bullish on AMD stock following February notebook shipments data

March 12, 2024 10:32 AM EDT

On Tuesday, Citi reiterated its Buy rating for AMD (NASDAQ: AMD), maintaining a price target of $192. This affirmation comes as part of the firm's analysis of US Semiconductor stocks, which highlighted February's notebook shipments as surpassing expectations.

Despite a month-over-month decrease of 2% in... More