The Vetr community on Thursday upgraded Advanced Micro Devices, Inc AMD from 4 stars (Buy) to 4.5 stars (Strong Buy). The Vetr crowd was overwhelmingly bullish on AMD, with 85.4 percent of Vetr users giving the stock a Buy rating and 14.6 percent a Sell.
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At time of publication, AMD shares were down 2.7 percent at $11.65. The Vetr crowd is strongly bullish in the long run, with an aggregated price target of $13.62 implying an 16.5 percent upside.
This outlook was echoed by analysts. Among analysts, the 12-month consensus price target on the stock is currently at $16.00, implying strong upside.
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