Company Update (NYSE:AMD): AMD FirePro(TM) Professional Graphics Offers Exceptional Performance on Next Generation HP ZBook Mobile Workstations
(Marketwired) — 01/21/15 — AMD (NASDAQ:AMD) today announced that second-generation HP ZBook 14 G2 and 15u G2 Mobile Workstations feature AMD FirePro™ M4150 and AMD FirePro™ M4170 mobile professional graphics models, providing users with speed, quality and creativity on the go. AMD FirePro™ professional graphics are compliant with the latest industry standards enabling users to take full advantage of applications from companies including Adobe®, Autodesk, Avid, Dassault Systèmes,… Read more »
Shares of Advanced Micro Devices closed yesterday at $2.24 . AMD has a 1-year high of $4.80 and a 1-year low of $2.19. The stock’s 50-day moving average is $2.59 and it’s 200-day moving average is $3.31.
On the ratings front, Advanced Micro Devices has been the subject of a number of recent research reports. In a report published on December 19, analyst Vivek Arya from Merrill Lynch reiterated a Sell rating on AMD, with a price target of $2.25, which represents a slight upside potential from current levels. Separately, on December 16, MKM Partners` Ian Ing reiterated a Hold rating on Advanced Micro Devices shares and has a price target of $3.75.
In total, 4 research analysts have rated the stock with a Sell rating, 6 research analysts have assigned a Hold rating and 5 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $2.24 which is 42.9% above where the stock closed yesterday.
Advanced Micro Devices Inc is a semiconductor company with facilities around the world. It operates in two segments: Computing Solutions and Graphics and Visual Solutions.