AMD’s Valuation Is Making One Analyst ‘Nervous.’ He Raised the Stock’s Price Target Anyway
via barrons Advanced Micro Devices stock can go much higher even after its big rally, Cowen argues, due to the chip maker’s potential share gains in the notebook market. Its valuation, however, has the firm’s analyst “nervous.” AMD (ticker: AMD) makes processors that act as the main computing brains for personal computers, servers, and graphics cards. The company’s stock … Read more