UBS Lowers AMD Price Target to $700, Maintains Buy Rating Following Peer Cuts

Major Wall Street brokerages trimmed their price targets on Advanced Micro Devices on November 4, 2026, while maintaining positive ratings and coverage. Most recently, UBS analyst Timothy Arcuri lowered AMD's price target to $700.00 from $730.00 while maintaining a Buy rating. Earlier in the day, Goldman Sachs analyst James Schneider reduced the firm's price target to $675.00 from $700.00. Wells Fargo analyst Aaron Rakers also lowered AMD's target to $650.00 from $700.00, keeping the firm's existing rating unchanged.