Citigroup boosts Advanced Micro Devices (AMD) to Buy with a $5.50 target, citing a favorable...

|About: Advanced Micro Devices,... (AMD)|By:, SA News Editor

Citigroup boosts Advanced Micro Devices (AMD) to Buy with a $5.50 target, citing a favorable risk/reward profile. Firm notes AMD tends to outperform consensus 75% of the time in periods of expanding PC growth. Shares +5.1% premarket ot $3.70.

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