Why Advanced Micro Devices Stock Just Dropped
Advanced Micro Devices (NASDAQ: AMD) stock tumbled 5% through 2:35 p.m. ET Friday -- but maybe it should not have?
In a note out this morning, Wells Fargo analyst Aaron Rakers both identified the catalyst behind today's AMD stock decline and also explained why he thinks today's sell-off is a mistake.
Image source: Getty Images.
Source Fool.com
Advanced Micro Devices Inc. Aktie
199,80 €
-5,13 %
Starkes Buy-Sentiment bei Advanced Micro Devices Inc. mit 110 Buy- gegenüber 3 Sell-Einschätzungen.
Das Kursziel von 241 € für Advanced Micro Devices Inc. bedeutet eine deutliche Steigerung von über 20% gegenüber dem aktuellen Kurs von 199.8 €.
