Stock Update (NASDAQ:AMD): AMD to Host Financial Analyst Day

(Marketwired) — 01/22/15 — AMD (NASDAQ:AMD) today announced that the company will host its Financial Analyst Day on May 6, 2015 at the Nasdaq MarketSite in New York beginning at 1 p.m. EDT. This is an invitation-only event. A live video webcast of the presentation with slides will be available on the company’s Investor Relations website: A replay of the webcast can be accessed approximately 24 hours after the conclusion of the live event and will be available for 30 days after the event. Read more ยป

Shares of Advanced Micro Devices closed yesterday at $2.45 . AMD has a 1-year high of $4.80 and a 1-year low of $2.14. The stock’s 50-day moving average is $2.58 and it’s 200-day moving average is $3.30.

On the ratings front, Advanced Micro Devices has been the subject of a number of recent research reports. In a report released yesterday, analyst Mark Lipacis from Jefferies Co. maintained a Buy rating on AMD, with a price target of $4, which represents a potential upside of 63.3% from where the stock is currently trading. Separately, on the same day, FBR`s Christopher Rolland reiterated a Hold rating on Advanced Micro Devices shares and has a price target of $3.50.

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 $2.45 which is 30.6% 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.

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