Citi Raises AMD Stock Price Target, Cites Meta Muse Release
Photo: Watcher Guru
Citi’s Atif Malik has raised AMD’s stock price target from $575 to $800. Malik believes the launch of Meta Muse, Meta’s personal AI agent, could boost AMD’s chip sales. The analyst states , “ Following the release of Meta Muse and our subsequent CPU TAM raise, we are raising estimates on AMD given our belief that AMD will be the primary beneficiary of the CPU renaissance and our belief that Meta is one of the largest customers of AMD’s server business. “ Can Meta Muse Deliver On Citi’s Stock Price Target For AMD?
Source: Watcher Guru
