TTD Cowen AAMD · AMD
TD Cowen Reiterates Buy on AMD, $290 Price Target (Feb 4)
Rating
Buy
Price target
$290
Previous
—
Implied upside
+20%
TD Cowen analyst Joshua Buchalter reiterated a Buy rating and $290.00 price target on AMD (NASDAQ: AMD).
“Noisy Quarter, But On-Track for All-Important MI450 Ramp Later This Year; We were not of the view that this set of results and guidance would be overly impactful to the long-term AMD investment thesis, which remains all about MI450/Helios.
That view hasn’t changed.
There were puts/takes given a volatile datacenter and PC backdrop, but directionally everything appears on track: momentum in DC GPU, server CPU, and reiterated confidence in MI450 for 2H26.
Buy, $290 PT.”
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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
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