Credit Suisse Keeps Their Hold Rating on Advanced Micro Devices (AMD)


Credit Suisse analyst John Pitzer maintained a Hold rating on Advanced Micro Devices (AMD) yesterday and set a price target of $14. The company’s shares closed yesterday at $19.50.

According to TipRanks.com, Pitzer is a top 100 analyst with an average return of 17.6% and a 64.8% success rate. Pitzer covers the Consumer Goods sector, focusing on stocks such as Applied Materials Inc, Rudolph Technologies, and Brooks Automation.

Advanced Micro Devices has an analyst consensus of Moderate Buy, with a price target consensus of $26.05, implying a 33.6% upside from current levels. In a report issued on December 13, Robert W. Baird also maintained a Hold rating on the stock with a $23 price target.

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Advanced Micro Devices’ market cap is currently $18.81B and has a P/E ratio of 57.35. The company has a Price to Book ratio of 17.32.

Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Advanced Micro Devices, Inc. engages in the provision of semiconductor businesses. It operates through the Computing and Graphics; and Enterprise, Embedded and Semi-Custom segments. The Computing and Graphics segment includes desktop and notebook processors and chipsets, and discrete and integrated graphics processing units.

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