$Advanced Micro Devices (AMD.US)$ Rosenblatt analyst Hans Mo...
$Advanced Micro Devices(AMD.US$ Rosenblatt analyst Hans Mosesmann sees little reason to worry about AMD, and even less reason to dump AMD stock. To the contrary, given that “AMD fundamentals are better today than they were entering the year … we are buyers,” insists Mosesmann.
Unsurprisingly, the analyst gives AMD a Buy rating and a Street-high price target of $200. Should his thesis play out, a potential upside of ~85% could be in the cards.
AMD tends to attract a lot of attention – the stock has 21 analyst reviews on record, and they include 14 Buys against 7 Holds to give the stock its Moderate Buy consensus recommendation. The shares have an average price target of $150.41, indicating room for 39% growth from the current price of $108.19.
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