"Just this morning, analysts at Mizuho reiterated an outperform rating on Advanced Micro Devices ( NASDAQ: AMD) with a price target of $275 from $205. All after AMD announced a long-term deal to become a key supplier to OpenAI's AI infrastructure program. AMD added that the new partnership will allow it to generate billions of dollars in annual revenue. It will also allow it to generate over $100 billion in total revenue from chips over the next few years."
"The firm noted, "On 3Q25 earnings-expected 10/29 AMC-our industry checks suggest Meta is gaining share of ad budgets as newer products (like Business AI) launch and we are initiating a 90-day Catalyst Watch as a result. Meta remains our Top Pick as we reiterate our Buy rating & $915 TP," as quoted by CNBC. Technically, it appears META just caught strong support at $717.48 a share. From here, we'd like to see it rally back to $780 initially."
"Analysts at BTIG just upgraded Palo Alto Networks ( NASDAQ: PANW) to a buy rating. The firm noted, "We spoke with seven contacts on PANW. The partners in our discussions combine for ~$1.2B in annual PANW sales. Feedback was surprisingly positive and improved meaningfully from our work in prior quarters." PANW recently ran from $165 to a high of $213.50. From here, we'd like to see it test $220."
Mizuho reiterated an outperform on Advanced Micro Devices (AMD) and set a $275 price target after AMD announced a long-term deal to supply OpenAI's AI infrastructure. AMD expects the partnership to generate billions annually and over $100 billion in total chip revenue. Barclays raised its AMD price target to $300. Citi initiated a positive catalyst watch on Meta Platforms, citing ad-budget share gains from new products like Business AI, and reiterated a Buy rating with a $915 target. BTIG upgraded Palo Alto Networks to Buy after partner conversations showed about $1.2 billion in annual PANW sales and improved feedback.
Read at 24/7 Wall St.
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