# Gil Luria of DA Davidson flipped his rating from “Neutral’ to “Buy’ and launched his price target from $220 to $375.

*business · news · 2026-04-27 · Barchart*

## Key points

- Gil Luria upgraded AMD to 'Buy' and raised his price target from $220 to $375.
- Luria's price target assumes a 32x multiple of AMD's projected 2027 EPS.
- Intel's Q1 2026 revenue beat, driven by server CPU demand, signals similar upside for AMD.
- AI workload shifts are moving GPU-to-CPU ratios toward parity, boosting CPU demand for companies like AMD.
- AMD is now positioned to raise prices across its portfolio due to demand outpacing supply.

**Companies:** Advanced Micro Devices, Intel Corporation
**Countries:** United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1538146/as-intel-triggers-a-major-rally-in-semiconductor-companies-da-davidson-hikes-its-amd-stock-price-target-by-more-than-70)

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