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Advanced Micro (NASDAQ:AMD) target price upped to $20.00, released a report earlier today by Canaccord

Canaccord bumped up the target of Advanced Micro (NASDAQ:AMD) to $20.00 indicating a possible upside of 0.58%.

Just yesterday Advanced Micro (NASDAQ:AMD) traded 2.12% higher at $12.64. AMD’s 50-day average is $12.72 and its two hundred day average is $12.81. With the last stock price down -2.30% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Trading volume was down over the average, with 50,337,411 shares of AMD changing hands under the typical 71,239,696

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Advanced Micro (NASDAQ:AMD)

Advanced Micro has with a one year low of $6.08 and a one year high of $15.65 and has a total market value of $0.

A total of 19 brokerages have issued a ratings update on the company. 2 brokerages rating the stock a strong buy, two analysts rating the company a buy, sixteen brokerages rating the company a hold, five brokerages rating the company a underperform, and finally two equity analysts rating the company a sell with a one year target of $2.28.

General Information About Advanced Micro (NASDAQ:AMD)

Advanced Micro Devices, Inc. is a global semiconductor company. The Company is engaged in offering x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs) and professional graphics, and server and embedded processors and semi-custom System-on-Chip (SoC) products and technology for game consoles. The Company's segments include the Computing and Graphics segment, and the Enterprise, Embedded and Semi-Custom segment. The Computing and Graphics segment primarily includes desktop and notebook processors and chipsets, discrete GPUs and professional graphics. The Enterprise, Embedded and Semi-Custom segment primarily includes server and embedded processors, semi-custom SoC products, development services, technology for game consoles and licensing portions of its intellectual property portfolio.

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