From Nasdaq:

Fintel reports that Melius Research upgraded their outlook for Advanced Micro Devices (NasdaqGS:AMD) from Hold to Buy on January 8, 2024. The average one-year price target for Advanced Micro Devices is 135.06, representing a 2.54% decrease from its latest reported closing price of 138.58.

The projected annual revenue for Advanced Micro Devices is 28,980MM, an increase of 31.07%. The projected annual non-GAAP EPS is 4.82. There are 3294 funds or institutions reporting positions in Advanced Micro Devices, an increase of 33 owner(s) or 1.01% in the last quarter.

VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 50,297K shares, representing 3.11% ownership of the company. In its prior filing, the firm reported owning 50,219K shares, a 0.15% increase.

VFINX – Vanguard 500 Index Fund Investor Shares holds 38,824K shares, representing 2.40% ownership of AMD. In its prior filing, the firm reported owning 38,342K shares, a 1.24% increase.

Jpmorgan Chase holds 35,810K shares, representing 2.22% ownership of the company. In its prior filing, the firm reported owning 32,605K shares, an 8.95% increase.

Geode Capital Management holds 31,104K shares, representing 1.93% ownership of the company. In its prior filing, the firm reported owning 30,401K shares, a 2.26% increase.

Fisher Asset Management holds 27,768K shares, representing 1.72% ownership of the company. In its prior filing, the firm reported owning 26,970K shares, a 2.87% increase.

Advanced Micro Devices has driven innovation in high-performance computing, graphics and visualization technologies for over 50 years. AMD employees are focused on building great products that push the boundaries of what is possible.

For more comprehensive investing research platforms, Fintel offers extensive data including fundamentals, analyst reports, ownership data, and fund sentiment, options sentiment, insider trading, options flow, and unusual options trades.

To learn more about the company, visit Fintel’s website.



Read more: Melius Research Upgrades Advanced Micro Devices (AMD)