Piper Sandler analyst Harsh Kumar maintained a Hold rating on Advanced Micro Devices (AMD – Research Report) today and set a price target of $98.00. The company’s shares closed last Tuesday at $91.13.
According to TipRanks.com, Kumar is a top 100 analyst with an average return of 26.8% and a 71.1% success rate. Kumar covers the Technology sector, focusing on stocks such as Akoustis Technologies, NXP Semiconductors, and Skyworks Solutions.
Advanced Micro Devices has an analyst consensus of Moderate Buy, with a price target consensus of $136.35, a 51.8% upside from current levels. In a report issued on April 20, Deutsche Bank also maintained a Hold rating on the stock with a $115.00 price target.
The company has a one-year high of $164.46 and a one-year low of $72.50. Currently, Advanced Micro Devices has an average volume of 103.1M.
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Founded in 1969, California-based Advanced Micro Devices, Inc. is America’s leading semiconductor company. The Computing and Graphics segment includes desktop and notebook processors and chipsets, discrete and integrated graphics processing units, data center and professional GPUs and development services. The Enterprise, Embedded and Semi-Custom segment includes server and embedded processors, semi-custom System-on-Chip products, development services and technology for game consoles.
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