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Vetr Inc. recorded Advanced Micro Devices, Inc. (NASDAQ:AMD), bumping its target to $7.46 today

Yesterday Advanced Micro Devices, Inc. (NASDAQ:AMD) traded 4.01% higher at $6.48. The company’s 50-day moving average is $6.67 and its 200-day moving average is $5.20. The last stock close price is up 29.77% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 66,934,374 shares of the stock were exchanged, up from an average trading volume of 38,457,800

Advanced Micro Devices, Inc. (NASDAQ:AMD) had its target price raised to $7.46 by Vetr Inc. in a report released Tuesday October 11, 2016. The new target price indicates a possible upside of 0.15% based on the company's last stock close price.

Previously on 10/07/2016, Barclays reported about Advanced Micro Devices, Inc. (NASDAQ:AMD) raised the target price from $0.00 to $7.00. At the time, this indicated a possible upside of 0.01%.

See Chart Below

Advanced Micro Devices, Inc. (NASDAQ:AMD)

Advanced Micro Devices, Inc. has a 52 week low of $1.75 and a 52 week high of $8.00 The company’s market cap is currently $0.

In addition to Vetr Inc. reporting its target price, a total of 19 firms have issued a report on the stock. The consensus target price is $2.28 with 2 firms rating the stock a strong buy, 2 firms rating the stock a buy, 16 firms rating the stock a hold, 5 firms rating the stock a underperform, and finally 2 firms rating the stock a sell.

General Information 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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