Keycorp equities researchers started covering Advanced Micro Devices (NASDAQ: AMD) on 21st May, Thursday. They issued a rating of “sector weight.”
Detailed Commentary Of AMD Stock
Several research analysts have also issued their reports on the stock. Royal Bank of Canada increased their objective price to $105 from $100 while issuing a rating of “outperform” on 25th January, Monday. JPMorgan Chase & Co increased their price target to $100 from $86 while issuing a rating of “neutral” on 27th January, Wednesday. Rosenblatt Securities increased their price target to $135 from $120 while using a rating of “buy” on 27th January, Wednesday. Susquehanna Bancshares increased their price target to $125 from $1125 while issuing a rating of “positive” on 28th April, Wednesday. Summit Insights decreased their rating to “hold” from “buy” on 28th April, Wednesday.
On Thursday, AMD shares opened at a value of $78.06. The market capitalization of the stock stands at $94.84B with a 2.29 beta. The moving average of the stock over a period of 50 days stands at $79.96 while for 200 days it stands at $85.55. The highest and lowest value of the stock over a period of one year stands at $99.23 and $48.42 respectively.
The latest data on its quarterly earnings was posted on 26th April, Monday. An EPS of $0.52 was reported overshooting the consensus $0.44 estimate.
Forrest Eugene Norrod, the SVP, sold off 81500 AMD shares on 16th March. Tuesday at $84.02 average price per share. Darla M. Smith, the CAO, sold off 1055 shares on 11th May, Tuesday at a $73.39 average price per share.
Oder Investment Management LLC, Tsfg LLC, McCarthy Asset Management Inc., Total Clarity Wealth Management Inc., and Hartford Financial Management Inc. all increased their stakes of the share.
