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Barclays reported on Advanced Micro (NASDAQ:AMD), upping its target price to $7.00 earlier today

Yesterday Advanced Micro (NASDAQ:AMD) traded -3.59% lower at $6.96. Advanced Micro’s 50-day moving average is $6.80 and its 200-day moving average is $5.05. With the last close up 32.81% from the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time. 4,866,277 shares of Advanced Micro exchanged hands, down from an avg. volume of 37,067,400

Stating a potential upside of 0.01%, Barclays increased the stock price target of Advanced Micro (NASDAQ:AMD) to $7.00

On 10/3/2016, Vetr Inc. released a statement on Advanced Micro (NASDAQ:AMD) bumped up the target price from $0.00 to $7.51. At the time, this indicated a possible upside of 0.09%.

See Chart Below

Advanced Micro (NASDAQ:AMD)

Advanced Micro has with a 52 week low of $1.75 and a one year high of $8.00 and has a market capitalization of $0.

A total of 19 analysts have released a report on Advanced Micro. 2 brokerages rating the stock a strong buy, 2 firms rating the stock a buy, 16 brokers rating the stock a hold, five equity analysts rating the company a underperform, and finally two brokerages rating the company a sell with a 12-month price target of $2.28.

Brief Synopsis On Advanced Micro (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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