2026-11-10 23:50:11
Oppenheimer Upgrades AMD to Outperform, Sets $600 Target Price; Predicts 135% Data Center Revenue Growth in 2027
According to Oppenheimer, analyst Rick Schafer upgraded AMD to "outperform" on Nov. 8 with a $600 price target, implying 34% upside from Friday's close of $449.04. The upgrade follows AMD's third-quarter earnings beat and recent management discussions, with CEO Lisa Su forecasting revenue growth of