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AMD Stock Target Lifted to $270 by TD Cowen After Landmark OpenAI Deal

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Hot AI Stocks to Keep on Your Radar. On October 10, TD Cowen reiterated the stock as “Buy” and raised its price target on the stock to 270persharefrom270 per share from 195. The firm believes there may be more upside ahead from AMD’s partnership with OpenAI. “Neutral into the print on AMD (Buy): This would be positive, but after the landmark deal with OpenAI sent shares up 64% on the week, and with its 11/11 analyst day coming, the beat/raise we expect is unlike ...