Citigroup maintained coverage of Advanced Micro Devices with a Neutral recommendation on May 3, 2023. The average one-year price target for AMD is 100.74, suggesting a 12.04% upside from the latest closing price of 89.91. The projected annual revenue for AMD is 25,222MM, with a non-GAAP EPS of 3.69.

There are 2949 funds reporting positions in AMD, reflecting a 2.54% increase in the last quarter. The put/call ratio of AMD is 1.06, indicating a bearish outlook. Price T Rowe Associates increased its portfolio allocation in AMD by 5.27% over the last quarter.

Vanguard Total Stock Market Index Fund Investor Shares holds 49,016K shares of AMD, representing 3.05% ownership. Jpmorgan Chase increased its ownership in AMD by 3.94% in the prior filing. Geode Capital Management holds 29,113K shares, representing 1.81% ownership.

Advanced Micro Devices has been driving innovation in high-performance computing, graphics, and visualization technologies for over 50 years. AMD technology is relied upon by millions of consumers, Fortune 500 businesses, and scientific research facilities worldwide. Employees are dedicated to pushing the boundaries of what is possible with their products.

Read more at Nasdaq: Citigroup Maintains Advanced Micro Devices (AMD) Neutral Recommendation