Vetr Inc. disclosed Advanced Micro Devices, Inc. (NASDAQ:AMD), boosting its stock price target to $6.42 earlier today
- Updated: September 17, 2016
Vetr Inc. upped the estimated target of Advanced Micro Devices, Inc. (NASDAQ:AMD) to $6, stating a possible downside of -0.15%.
On 7/22/2016, Mizuho Securities released a statement on Advanced Micro Devices, Inc.(NASDAQ:AMD) upped the target price from $4.50 to $5.50. At the time, this indicated a possible 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 stock price close up 30.63% from the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the same time. Advanced Micro Devices, Inc. has been tracking to a 50-day average of $6.84 and two hundred day moving average of $4.63. 47,829,445 shares of Advanced Micro Devices, Inc. traded, up from ann average trading volume of 36,754,400
Advanced Micro Devices, Inc. has a one-year low of $1.65 and a one-year high of $8.00 and has a total market value of $0.0.
A total of 19 firms have issued a ratings update on the company. Two firms rate the stock a strong buy, two firms rate the company a buy, 16 firms rate the stock a hold, five analysts rate the company to underperform, and lastly two brokeragesrate the company as sell with an average target of $2.28
More 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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