A report released earlier today by Sanford C. Bernstein about Advanced Micro Devices, Inc. (NASDAQ:AMD) lowers the target price to $3.00
- Updated: September 21, 2016
Having a price of $6.22, Advanced Micro Devices, Inc. (NASDAQ:AMD) traded 2.11% higher on the day. With the last close up 33.18% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. AMD has recorded a 50-day average of $6.78 and a two hundred day average of $4.73. Trade Volume was down over the average, with 27,981,513 shares of AMD changing hands under the typical 36,277,100
In a report released on 9/21/2016 Sanford C. Bernstein dropped the price target of Advanced Micro Devices, Inc. (NASDAQ:AMD) from $5.00 to $3.00 reporting a potential downside of -0.52%.
Recent Performance Chart
Advanced Micro Devices, Inc. has 52 week low of $1.65 and a 52 week high of $8.00 and has a market capitalization of $0.
In addition to Sanford C. Bernstein reporting its stock price target, a total of 19 brokers have issued a report on Advanced Micro Devices, Inc.. The 12-month price target is $2.28 with two equity analysts rating the company a strong buy, two firms rating the stock a buy, 16 brokerages rating the company a hold, 5 brokers rating the stock a underperform, and lastly two brokerages rating the company a sell.
General Company Details For Advanced Micro Devices, Inc. (NASDAQ:AMD)
Advanced Micro Devices, Inc. is a global semiconductor company. The Company is engaged in offering x86 microprocessors, as a standalone central processing unit (CPU) or as incorporated into an accelerated processing unit (APU), chipsets, and discrete graphics processing units (GPUs) for the consumer, commercial and professional graphics markets, and server and embedded CPUs, GPUs and APUs, and semi-custom System-on-Chip (SoC) products and technology for game consoles. It operates in two segments: the Computing and Graphics segment, which includes desktop and notebook processors and chipsets, discrete GPUs and professional graphics, and the Enterprise, Embedded and Semi-Custom segment, which includes server and embedded processors, dense servers, semi-custom SoC products, engineering services and royalties. Its desktop PC product brands for microprocessors are AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU.
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