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Bank of America Just Upped Its Price Target on AMD Stock
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- Sep 25, 2026, 8:56 PM UTC
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BofA said the Anthropic-Akamai infrastructure deal “further supports CPU importance in the agentic era.”
Advanced Micro Devices (AMD) rose 0.5% Friday after Bank of America increased its price target for the semiconductor company, citing a more favorable outlook for server processor demand.Analyst Vivek Arya lifted the target to $720 from $620 and kept a Buy rating. The revised target is above the $64…