Fintel reports Benchmark maintained a Buy recommendation for Advanced Micro Devices (AMD) on May 3, 2023. Analysts forecast a 12.04% upside with an average price target of 100.74, ranging from 67.67 to $210.00. The projected annual revenue for AMD is 25,222MM with a non-GAAP EPS of 3.69. Institutional ownership increased by 2.54% in the last quarter, with a bearish put/call ratio of 1.06.
Price T Rowe Associates increased its AMD ownership by 4.83%, holding 50,873K shares. Vanguard Total Stock Market Index Fund Investor Shares increased ownership by 1.76% to 49,016K shares, while Jpmorgan Chase increased ownership by 3.94% to 40,875K shares. Vanguard 500 Index Fund Investor Shares and Geode Capital Management also saw changes in ownership percentages.
AMD, a leader in high-performance computing and graphics technology, serves millions of consumers and businesses worldwide. The company’s innovative products cater to gaming, data centers, and scientific research. Employees at AMD are dedicated to pushing the boundaries of technology to improve people’s lives. Check out all AMD regulatory filings on Fintel’s platform.
Read more at Nasdaq: Benchmark Maintains Advanced Micro Devices (AMD) Buy Recommendation
