Advanced Micro Devices (NASDAQ: AMD) stock is making gains in Monday's trading. The semiconductor company's share price was up 5.7% as of 10:45 a.m. ET.
AMD stock is gaining ground today following bullish coverage from Rosenblatt. The firm named the chip stock as one of its top investment ideas for the first half of 2025.
Before the market opened today, Rosenblatt published new coverage on AMD stock. The firm gave a buy rating on the stock and issued a one-year price target of $250 per share. As of this writing, that would imply additional upside of roughly 100%.
Source Fool.com