What really may be exciting investors, however, in addition to all the new product announcements, is the fact that investment bank Cowen & Co. apparently just named AMD as one of its top picks in semiconductor stocks. The big news in semiconductors Tuesday, after all, was Cowen's recommendation of AMD's larger competitor, Nvidia (NASDAQ: NVDA), which Cowen named a "top pick" in the industry based on projections the company could earn $28 a share in 2030, and book $140 billion in revenues. In February, that analyst raised his target price for AMD stock to $160. Read More...
What really may be exciting investors, however, in addition to all the new product announcements, is the fact that investment bank Cowen & Co. apparently just named AMD as one of its top picks in semiconductor stocks. The big news in semiconductors Tuesday, after all, was Cowen’s recommendation of AMD’s larger competitor, Nvidia (NASDAQ: NVDA), which Cowen named a “top pick” in the industry based on projections the company could earn $28 a share in 2030, and book $140 billion in revenues. In February, that analyst raised his target price for AMD stock to $160.
Add Comment