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GF Securities Raises AMD Price Target to $720 Ahead of Q3 Results

AMD shares rose ahead of earnings after GF Securities raised its price target to $720. The body says current-quarter forecasts may fall short of investor expectations.

AMD

Advanced Micro Devices Inc. (AMD, Financials), the semiconductor company, rose ahead of earnings after GF Securities raised its price target to $720.While analysts are anticipating similar results for the third quarter, current-quarter forecasts may fall short of investors' expectations, according…