Piper Jaffray, a well - known financial services firm, has adjusted AMD's target price upwards, increasing it from the previous $240 to $280. In the financial world, when an investment bank or a similar institution like Piper Jaffray raises a company's target price, it usually indicates that they have a more positive outlook on the company's future performance, growth prospects, and market position. This kind of move can often attract the attention of investors and potentially influence their investment decisions.
