Advanced Micro Devices (AMD) Gets a Hold Rating from Robert W. Baird

In a report released today, Tristan Gerra from Robert W. Baird reiterated a Hold rating on Advanced Micro Devices (AMDResearch Report), with a price target of $100.00. The company’s shares closed last Wednesday at $99.41.

According to TipRanks.com, Gerra is a 5-star analyst with an average return of 12.3% and a 53.9% success rate. Gerra covers the Technology sector, focusing on stocks such as Sequans Communications S A, Rockley Photonics Holdings, and Lattice Semiconductor.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Advanced Micro Devices with a $134.11 average price target, implying a 36.6% 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.

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Advanced Micro Devices’ market cap is currently $147.6B and has a P/E ratio of 35.40.

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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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