Advanced Micro Devices, Inc. (AMD) PT Lowered to $10.60

Lucy Hill
May 18, 2017

On the heels of yesterday's 11.6% gain, Advanced Micro Devices (AMD) suffered a reversal of fortune, falling to the bottom of the S&P 500 index. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $57.60 on company shares. Wyoming-based Friess Associates Lc has invested 1.99% in Advanced Micro Devices, Inc. It has by 0.00% the S&P500. Advantus Cap Management has 94,460 shares.

The company reported an impressive total revenue of 4.27 Billion in the last fiscal year. Centurylink Inc now has $13.53B valuation. Stock investors acquired 67,738 call options on the stock. About 3.42M shares traded. Its down 0.16, from 1.2 in 2016Q3.

A number of large investors have recently modified their holdings of AMD. 81 funds opened positions while 195 raised stakes. (NYSE:VER) held volume of 8.17 Million shares as compare to its average volume of 7135.50 shares. It also reduced Abbvie Inc (NYSE:ABBV) stake by 90,560 shares and now owns 23,140 shares. Qs Investors Ltd Company, New York-based fund reported 37 shares. 120,558 are held by Nomura Hldgs Inc. Paloma Ptnrs Mngmt owns 119,019 shares or 0.01% of their U.S. portfolio. Calvert Mgmt owns 11,481 shares for 0.05% of their portfolio. Focused Wealth Mgmt stated it has 200 shares. The company has institutional ownership of 68.40%. Glenmede Trust Na accumulated 0% or 3,252 shares. (AMD) has beta value of 2.59.

Cullinan Associates Inc increased Fiserv (FISV) stake by 26.36% reported in 2016Q4 SEC filing. Associated Banc accumulated 20,350 shares. Hilton Management Limited Liability Corporation invested in 0.02% or 10,000 shares. Ct Mason holds 51,775 shares.

Analysts await Advanced Micro Devices, Inc. According to these analysts, the Low Revenue Estimate for Advanced Micro Devices, Inc.is 1.15 Billion and the High Revenue Estimate is 1.2 Billion.

Lam closed up 0.9% to 152.56 on Tuesday, another record high.

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The company's expected revenue in the current quarter to be 1.15 Billion, seeing a projected current quarter growth of 100%, and per annum growth estimates over the next 5 year period of around -98.3%.

Advanced Micro Devices, Inc is a global semiconductor company.

Among 17 analysts covering Centurylink Inc. The stock has "Hold" rating by Deutsche Bank on Tuesday, May 16. Analyst's mean target price for TWTR is $14.62 while analysts mean recommendation is 3.30. The rating was maintained by UBS with "Sell" on Monday, March 21. The firm earned "Neutral" rating on Monday, July 11 by Macquarie Research. Coldstream Capital Management Inc. increased its stake in shares of Advanced Micro Devices by 2.8% in the fourth quarter. (NASDAQ:AMD) for 15,800 shares. Stock has got OUTPERFORM rating from 5 analysts of Thomson Reuters, 14 analysts given HOLD rating to the stock and 2 given UNDERPERFORM rating. Therefore 41% are positive. The correct version of this report can be read at https://transcriptdaily.com/2017/05/17/advanced-micro-devices-amd-buy-rating-reiterated-at-mizuho.html.

5/17/2017-Wells Fargo & Co Reiterated Rating of Outperform.

Before looking at the financial values or the trading statistics of Advanced Micro Devices, Inc. "(AMD) Receives "Equal Weight" Rating from Morgan Stanley" was posted by Markets Daily and is owned by of Markets Daily. For the next 5 years, Advanced Micro Devices, Inc.is expecting Growth of -98.3% per annum, whereas in the past 5 years the growth was -43.28% per annum. The firm has "Buy" rating by Canaccord Genuity given on Wednesday, February 1. The rating was upgraded by Bernstein on Tuesday, September 20 to "Market Perform". Advisory Research Inc. purchased a new stake in shares of Advanced Micro Devices during the fourth quarter worth $1,433,000. (NASDAQ:AMD), Stochastic %D value stayed at 65.42% for the last 9 days.

On 5/9/2017 Lisa T Su, CEO, sold 87,500 with an average share price of $10.24 per share and the total transaction amounting to $896,000.00. $271,600 worth of stock was sold by Claflin Bruce L. on Friday, March 10.

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