Back to News

Rosenblatt Securities Stick to Their Buy Rating for Advanced Micro Devices

January 4, 2021
Hans Mosesmann
Investing

Rosenblatt Securities analyst Hans Mosesmann maintained a Buy rating on Advanced Micro Devices (NASDAQ:AMD) on Monday, setting a price target of $120, which is approximately 30.85% above the present share price of $91.71.

Mosesmann expects Advanced Micro Devices to post earnings per share (EPS) of $0.33 for the first quarter of 2021.

The current consensus among 20 TipRanks analysts is for a Moderate Buy rating of shares in Advanced Micro Devices, with an average price target of $94.71.
The analysts price targets range from a high of $120 to a low of $13.

In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $2.8 billion and a net profit of $449 million. The company's market cap is $110.43 billion.

According to TipRanks.com, Rosenblatt Securities analyst Hans Mosesmann is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.9% and a 69.43% success rate.

Link to Full Article

Recent Posts