Piper Sandler reiterates Overweight on AMD with $300 target

Piper Sandler reiterated its Overweight rating and $300 price target on AMD on February 25, the day after the Meta deal. The reaffirmation came as the market weighed the new Meta supply deal against AMD's higher expected operating costs. It was a reaffirmation rather than a change in the rating or target.

• Reiterated Overweight rating and $300 price target on February 25
• Came one day after the Meta 6 GW announcement
• A reaffirmation, not a rating or target change