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      Raymond James Upgrades AMD to Strong Buy with Increased Price Target

      Raymond James has upgraded Advanced Micro Devices (AMD) from Outperform to Strong Buy, raising its price target from $565 to $641. This upgrade reflects the firm's positive outlook on AMD's performance in the semiconductor market.

      The firm anticipates significant growth in the server CPU market, projecting it will reach approximately $201 billion by 2030. This growth is expected to be driven by a compound annual growth rate (CAGR) of 44% over the next five years, indicating strong demand for server processors.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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