Vetr Inc. announced Advanced Micro Devices, Inc. (NASDAQ:AMD), bumping up its stock price target to $6.54 today
- Updated: September 17, 2016
In a report released on 8/22/2016 Vetr Inc. increased the target price of Advanced Micro Devices, Inc. (NASDAQ:AMD) from $0 to $7 stating a possible downside of -0.14%.
On 7/22/2016, Mizuho Securities reported about Advanced Micro Devices, Inc.(NASDAQ:AMD) raised the target price from $4.50 to $5.50 that suggested an upside of 0.05%.
Having a price of $7.58, Advanced Micro Devices, Inc. (NASDAQ:AMD) traded 0.50% higher on the day. With the last close up 30.63% from the two hundred day moving average, compared with the S&P 500 which has decreased -0.01% over the same time. Advanced Micro Devices, Inc. has registered a 50-day moving average of $6.84 and 200-day average of $4.63. 47,829,445 shares of Advanced Micro Devices, Inc. exchanged hands, up from ann average trading volume of 36,754,400
Recent Performance Graph:
Advanced Micro Devices, Inc. has a 52 week low of $1.65 and a one-year high of $8.00. The company’s market cap is presently $0.0.
In addition to Vetr Inc. reporting it’s stock price target, a total of 19 analysts have issued a report on AMD. The average target is $2.28 with two analysts rating the company a strong buy, two firms rating the stock a buy, 16 firms rating the stock a hold, five brokerages rating the company to underperform, and lastly two analystsrating the company as sell.
Brief Synopsis 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, and AMD Athlon CPU and APU.
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