Mizuho Initiates Coverage on Advanced Micro Devices (AMD)

An issue of Advanced Micro Devices (NYSE:AMD) bonds fell 1.8% against their face value during trading on Monday, Market Beat Ratings reports. Analysts at Sanford C. Bernstein reiterated an “underperform” rating and set a $1.50 price target on shares of Advanced Micro Devices in a research note on Friday. (NASDAQ:AMD) has a consensus rating of 3.02.

Advanced Micro Devices Inc.’s second-quarter loss widened sharply and revenue declined 35% from the year earlier as the chip maker continued to struggle with a declining market for personal computers. Windstream Holdings, Inc. (WIN)’S monthly performance stands at -21.700% with an analyst rating of 2.9and dividend yield of 7.75%. Furthermore, Chicago Equity Partners Llc have 0.37% of their United States long equity exposure invested in the company for 5.22M shares. A year ago, they were trading at $4.40.

Advanced Micro Devices is a semiconductor company with manufacturing, research and development, and sales and administrative facilities throughout the world.

Access Investor Kit for Advanced Micro Devices, Inc.

Shares of Advanced Micro Devices, Inc. Finally, analysts at Canaccord Genuity reiterated a “hold” rating and set a $2.25 price target on shares of Advanced Micro Devices in a research note on Wednesday, July 8th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company.

The investigation by a law firm concerns whether certain Advanced Micro Devices, Inc. The stock had a trading volume of 9,080,930 shares.

Advanced Micro Devices (NYSE:AMD) last released its earnings data on Thursday, April 16th. The 52-week high of the stock is $4.8 and the 52-week low is $1.93. The company said it had a loss of 31 cents per share. First-quarter revenue is projected to be $950 million, marking a year-over-year decline of 34%. The company’s market cap is $1.52 billion. Analysts’ estimates typically exclude special items.

For Q3 2015, AMD expects revenue to increase 6 percent, plus or minus 3 percent, sequentially. On average, analysts predict that Advanced Micro Devices will post $-0.38 earnings per share for the current fiscal year.

The company saw “decreased sales across client and graphics product lines”, it said.

Don’t touch this stock with a 10-foot pole, especially with nearly 20% of its outstanding shares now in the hands of short-sellers who are betting on the company’s failure. It provides processing solutions for the computing and graphics markets.