US stocks surge | AMD (AMD.US) rises more than 4% and receives a target price upgrade to $145 from Citigroup

According to Zhutong Finance APP, on Thursday, the stock price of AMD (AMD.US) rose, at one point increasing by more than 5%. As of the time of writing, the stock has risen by over 4%, reaching $144.22. Citigroup analyst Christopher Danely has raised AMD's target price from $120 to $145, while maintaining a "neutral" rating. He pointed out that the overall improvement in the industry environment is expected to provide strong support for chip manufacturers in the coming quarters.