UBS Raises AMD Price Target to $670 on June 24, While Seaport Maintains NVIDIA Sell

According to BlockBeats, on June 24, UBS reiterated its buy rating on AMD and raised its price target from $470 to $670, citing growing market recognition of independent CPU racks. Meanwhile, Seaport reiterated its sell rating on NVIDIA, citing increasing liabilities on and off its balance sheet and noting that Broadcom has joined the revolving financing trend, indicating rising funding constraints in the AI industry.
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