Advanced Micro Devices (AMD) No Longer an Outperformer

Advanced Micro Devices (NYSE:AMD) downgraded to Market Perform from Outperform at Bernstein. The ...  More »

Advanced Micro Devices (NYSE:AMD) downgraded to Market Perform from Outperform at Bernstein. The stock closed yesterday at $4.72 on volume of 37.4 million shares, above average daily volume of 24.6 million. The stock has been trending lower on recently disappointing results. Advanced Micro Devices is currently below its 50-day moving average of $6.47 and below its 200-day moving average of $7.74. Advanced Micro Devices (NYSE:AMD) has a potential upside of 77% based on a current price of $4.81 and an average consensus analyst price target of $8.51.  « Less