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Piper Sandler has named Advanced Micro Devices (AMD) as its top large-cap pick for the second half of 2024 (2H24). The financial institution reiterated its overweight rating and set a $175 price target for the semiconductor stock. This decision follows a meeting with AMD's management.
$AMD What a day no doubt helped by Piper Sandler calling the name its top large-cap semiconductor pick for the second half of the year following a meeting with management.
Here’s why AMD’s stock was just dubbed a top pick https://t.co/Pp2QeQWrJ6
$AMD Piper Sandler names AMD as top large-cap pick into 2H24
