AMD stock trades higher after UBS raises estimates, price target ahead of earnings

Justin Sullivan

UBS raised price target of Advanced Micro Devices (NASDAQ:AMD) to $220 from $135 ahead of the company’s quarterly results next week.

AMD’s stock has risen about 2% premarket on Thursday.

The firm also raised its price target on Microchip Technology’s (NASDAQ:MCHP

AheadAMDearningsestimatesHigherPriceraisesstocktargetTradesUBS
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