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Citi resets AMD stock price target on key move

Citi raised its price target for AMD stock on June 12, reversing a months-long skeptical stance as the chipmaker rode the broader AI rally. The move signals growing confidence in AMD's position in the AI chip market.

read1 min publishedJun 13, 2026

Funding & Businessstockssemiconductorswall street

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5.6

Citi resets AMD stock price target in a key move. For months, one of Wall Street's most closely watched chip analysts held a skeptical line on the company while the stock rode the broader AI rally. On June 12, that changed.

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