Advanced Micro Devices shares are trading higher after Raymond James upgraded its rating on the stock from Outperform to Strong Buy and raised its price target from $565 to $641.

Advanced Micro Devices, Inc.

Advanced Micro Devices, Inc.

AMD

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Advanced Micro Devices shares are trading higher after Raymond James upgraded its rating on the stock from Outperform to Strong Buy and raised its price target from $565 to $641.