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Benzinga
32 days

Jim Cramer Says AMD Is 'Going In The Right Direction'

1. Cramer is optimistic about various stocks, including AMD. 2. Wells Fargo raised AMD's price target from $120 to $185. 3. Mizuho maintained an Outperform rating with a price target of $175. 4. AMD shares rose slightly by 0.2% to close at $160.41. 5. Cramer's support indicates positive sentiment in the tech sector.

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FAQ

Why Bullish?

Analysts increasing AMD's price targets strongly suggests potential for future gains.

How important is it?

Analyst upgrades typically lead to positive price movements, increasing AMD's visibility among investors.

Why Short Term?

Recent analyst upgrades suggest momentum in AMD's stock may manifest soon.

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