Why Advanced Micro Devices Stock Just Bounced Back
Advanced Micro Devices (NASDAQ: AMD) stock jumped 8.3% through 10 a.m. ET Monday, but the catalyst that sparked the move looks rather tenuous.
As StreetInsider.com reports today, Goldman Sachs analyst James Schneider raised his price target on AMD stock to $640 this morning, and that's really all the detail anyone has on the raise -- that it happened.
Image source: AMD.
Source Fool.com
Advanced Micro Devices Inc. Stock
€421.70
12.360%
With 109 Buy predictions and 4 Sell predictions Advanced Micro Devices Inc. is one of the favorites of our community.
As a result the target price of 484 € shows a slightly positive potential of 14.77% compared to the current price of 421.7 € for Advanced Micro Devices Inc..
