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: http://ir.amd.com. 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 »

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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