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0.000215889464594238 0.000647668393782408 -0.0015112262521589 -0.00215889464594131 -0.00561312607944728 -0.0030224525043178 0.00518134715025911 0.0118739205526771
Stock impact report

The Ratings Game: AMD stock is an ‘attractive opportunity’ amid coronavirus fears, analyst contends [MarketWatch]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: MarketWatch
AMD stock is an ‘attractive opportunity’ amid coronavirus fears, analyst contends Advanced Micro Devices Inc. will likely announce a short-term hit from the COVID-19 coronavirus outbreak this week, but follow it up with long-term optimism, an analyst said Tuesday while upgrading the stock. AMD AMD, -1.50% shares initially rose nearly 6% higher early in Tuesday’s session, but closed down 1.5% at $46.75 as the broader market struggled. The S&P 500 index SPX, -2.81% and the tech-heavy Nasdaq Composite Index COMP, -2.99% both finished down around 3%, while the PHLX Semiconductor Index SOX, -3.41% closed down 3.4%. On Tuesday, Piper Sandler analyst Harsh Kumar upgraded AMD to overweight from neutral in a note Tuesday morning and raised his price target to $56 from $45, explaining that “the recent pullback in price due to the coronavirus provides an attractive opportunity for long-term investors.” “From a product standpoint, we believe AMD is extremely well-positioned in its lap Show less Read more
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