A report released today by Vetr Inc. about Advanced Micro Devices, Inc. (NASDAQ:AMD) bumps the target price to $7.51
- Updated: October 2, 2016
Indicating a potential upside of 0.09%, Vetr Inc. raised the target price of Advanced Micro Devices, Inc. (NASDAQ:AMD) to $7.51
Previously on 09/21/2016, Sanford C. Bernstein reported on Advanced Micro Devices, Inc. (NASDAQ:AMD) bumped down the target price from $5.00 to $3.00. At the time, this indicated a possible downside of -0.52%.
Showing a price of $6.91, Advanced Micro Devices, Inc. (NASDAQ:AMD) traded 3.60% higher on the day. The last closing price is up 40.10% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. AMD has recorded a 50-day average of $6.79 and a two hundred day average of $4.93. Trading volume was up over the average, with 47,453,145 shares of AMD changing hands over the typical 36,698,700
Recent Performance Chart
Advanced Micro Devices, Inc. has with a one year low of $1.75 and a 52 week high of $8.00 and has a market cap of $0.
A total of 19 firms have released a report on Advanced Micro Devices, Inc.. 2 brokerages rating the stock a strong buy, 2 brokers rating the stock a buy, sixteen equity analysts rating the company a hold, 5 firms rating the company a underperform, and finally 2 brokers rating the stock a sell with a 12-month price target of $2.28.
About 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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