Missed the boat on AMD's stock surge? Why this analyst says you're not too late.
Better late than never? Advanced Micro Devices Inc. shares AMD, +5.55% have shot up 140% over the past year, but an analyst at New Street Research says there’s still time to jump on the bull train. New Street’s Pierre Ferragu upgraded AMD’s stock to buy late Tuesday, while setting a $215 target price for late 2024. That implied more than 25% upside from Tuesday’s close, though the shares were roaring more than 5% higher late in Wednesday’s session. Don’t miss: Why Marvell just dethroned Nvidia as Citi’ ...