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Benzinga
13 days

AMD Stock Has A Lot 'To Be Encouraged And Excited About': Analysts Are Cautious But Bullish

1. Analysts maintained mixed ratings; price targets raised for AMD stock. 2. Goldman Sachs warns of overhyped expectations for Data Center GPU revenues. 3. KeyBanc praises AMD’s strong Q2 results and growing market share. 4. Wedbush emphasizes robust growth in Data Center segment for Q3 outlook. 5. AMD stock down 8.1% despite a year-to-date increase of 32.9%.

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FAQ

Why Neutral?

Mixed analyst ratings and price adjustments suggest uncertainty. Historical examples show AMD volatility linked to earnings expectations.

How important is it?

Analyst ratings and insights on Data Center growth directly affect AMD's performance outlook.

Why Short Term?

Immediate market reactions to analyst forecasts could influence prices. Long-term growth relies on sustained Data Center demand.

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