Cantor Fitzgerald Ramps Up AMD Price Target | Raleigh News

Raleigh News Today | 2 Min News | The Daily News Now! · Jul 5, 2026 · 2m

Cantor Fitzgerald just slapped a jaw-dropping $700 price target on AMD, calling it the top computing stock even above Nvidia and Broadcom — a potential 34% pop from current levels. Despite a recent 7% dip after Meta’s rumored AI compute resale plans, the firm’s top analyst, ranked 7 out of 12K, remains bullish, citing unstoppable momentum. UBS and Wells Fargo echo the optimism with $670 and $615 targets, respectively, highlighting AMD’s server CPUs and AI accelerators as growth engines. Q1 revenue hit $10.3B, with data centers alone soaring 57% to $5.8B — now over half of total sales. CEO…