Why AMD Stock Is Surging Today
Advanced Micro Devices (NASDAQ: AMD) stock is seeing significant bullish momentum Thursday. The semiconductor company's share price was up 3.8% as of 3:30 p.m. ET amid the backdrop of a 0.3% gain for the S 500 (SNPINDEX: ^GSPC) and a 0.2% gain for the Nasdaq Composite (NASDAQINDEX: ^IXIC). The stock had been up as much as 5.4% earlier in the day's trading.
AMD's valuation is climbing today following bullish coverage from HSBC. The bank's investment branch issued new coverage on the stock this morning, and other investors are buying up shares in conjunction with the latest research note.
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Source Fool.com
Advanced Micro Devices Inc. Aktie
412,90 €
-1,89 %
Leichtes Kaufinteresse bei Advanced Micro Devices Inc., mit mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 516 € für Advanced Micro Devices Inc. würde eine Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 412.9 € bedeuten.
