Advanced Micro Devices Upgraded to Buy, Price Target $9

Wall St. Watchdog has posted an upgrade to Advanced Micro Devices (NYSE:AMD) shares.

UBS has upgraded shares of Advanced Micro Devices (NYSE:AMD) from Netural to Buy and changed its price target on the shares from $7 to $9.  The shares are presently trading st $6.24, up $0.07, or 1.13%, on the day.  Shares have traded in a 52-week range of $5.60 to $9.58.  The company’s market capitalization is $4.31 billion.  About the company: Advanced Micro Devices, Inc. manufactures semiconductor products that include microprocessors, embedded microprocessors, chipsets, graphics, video and multimedia products. Advanced Micro Devices, Inc. offers its products on a global basis.

(Note: Data about stock ratings are sourced from Briefing.com.  Selected financial data are sourced from Google Finance.  All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>

More from The Cheat Sheet