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AMD Stock Slips Despite Wave Of Price Target Hikes – Retail Traders Say Chip Rally Is 'Starting To Look Exhausted'

in5points
  1. AMD's stock slipped despite multiple Wall Street firms raising price targets.

  2. Baird doubled its AMD price target to $1,250.

  3. UBS, Bank of America, Roth Capital, and Jefferies also increased their AMD price targets.

  4. Retail traders suggest the chip rally is 'starting to look exhausted'.

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Rajeev Chandrasekhar

Asianet News Network

Rajeev Chandrasekhar / Jupiter Capital interests historically

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