BMO Capital Reaffirms Their Hold Rating on Advanced Micro Devices (AMD)

BMO Capital analyst Ambrish Srivastava maintained a Hold rating on Advanced Micro Devices (AMDResearch Report) today and set a price target of $100.00. The company’s shares closed last Thursday at $98.80.

According to TipRanks.com, Srivastava is a 5-star analyst with an average return of 11.5% and a 65.0% success rate. Srivastava covers the Technology sector, focusing on stocks such as NXP Semiconductors, Skyworks Solutions, and Texas Instruments.

Advanced Micro Devices has an analyst consensus of Moderate Buy, with a price target consensus of $138.10, implying a 39.8% upside from current levels. In a report released today, Oppenheimer also maintained a Hold rating on the stock.

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The company has a one-year high of $164.46 and a one-year low of $78.96. Currently, Advanced Micro Devices has an average volume of 109M.

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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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