Wells Fargo & Co. reissued their outperform rating on shares of Advanced Micro Devices (NYSE:AMD) in a research report released on Monday morning, StockRatingsNetwork.com reports.
AMD has been the subject of a number of other recent research reports. Analysts at Topeka Capital Markets raised their price target on shares of Advanced Micro Devices from $8.00 to $10.00 in a research note to investors on Thursday, July 25th. They now have a hold rating on the stock. Separately, analysts at UBS AG raised their price target on shares of Advanced Micro Devices to $4.50 in a research note to investors on Friday, July 19th. Finally, analysts at Wedbush raised their price target on shares of Advanced Micro Devices from $4.00 to $4.50 in a research note to investors on Friday, July 19th. They now have a neutral rating on the stock.
Six research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of $4.32.
Shares of Advanced Micro Devices (NYSE:AMD) traded down 1.34% during mid-day trading on Monday, hitting $3.67. Advanced Micro Devices has a 52 week low of $1.81 and a 52 week high of $4.65. The stock’s 50-day moving average is currently $4.01. The company’s market cap is $2.760 billion.
Advanced Micro Devices, Inc (NYSE:AMD) is a global semiconductor company with facilities around the world.
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