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Why AMD Stock Just Popped

TheMotleyFool

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Advanced Micro Devices (NASDAQ: AMD) stock skipped 3.5% higher through 10:30 a.m. ET Tuesday, and you can thank Wells Fargo for that.

In a note this morning, Wells analyst Aaron Rakers raised his price target on AMD stock to $615 per share, implying he sees 10% upside over the next year.

Image source: Advanced Micro Devices.

Source Fool.com