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benzinga.com
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This AMD Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday - Mr. Cooper Gr (NASDAQ:COOP), Advanced Micro Devices (NASDAQ:AMD)

1. Loop Capital initiated coverage on AMD with a 'Buy' rating. 2. AMD's price target is set at $175, significantly above current price. 3. AMD shares closed at $117.32, indicating potential growth. 4. Analyst interest in AMD suggests positive market sentiment. 5. Other stocks also received ratings but focus remains on AMD.

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FAQ

Why Bullish?

The 'Buy' rating with a $175 price target signals strong potential for AMD, reminiscent of prior upgrades that drove Nvidia's stock higher.

How important is it?

Analysts' ratings can shift investor sentiment, impacting AMD's stock price directly.

Why Short Term?

The immediate market reaction could bolster AMD shares, similar to past analyst upgrades that led to quick gains.

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