[AMD Soars 5.5%, Goldman Sachs Significantly Raises Target Price to $450] According to Golden Finance, on June 12, AMD surged 5.5%, closing at $515.72. On the news front, Goldman Sachs upgraded AMD's rating to 'Buy' and significantly raised its target price from $240 to $450. Goldman Sachs analyst Schneider expressed optimism about the boost from generative AI to its server CPU business, as well as the growth potential of data center GPUs in 2027 and beyond.