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Market Incident

Public · Developing

AI compiled from Infoway · 3 analyzed stories

RBC Capital maintains Advanced Micro Devices at Sector Perform, keeps price target at $540

RBC Capital maintained its Sector Perform rating on Advanced Micro Devices and kept its price target at $540. The target implies 11.6% upside from the November 3 closing price of $483.90. Five other recent analyst targets listed range from $600 to $725.

Published:

Updated:

What happened

RBC Capital kept its Sector Perform rating and $540 price target for Advanced Micro Devices. The supplied reports compare that target with different closing prices: one says it was below the Nov. 11 close, while another says it was above the Nov. 3 close. Recent analyst targets listed in the reports vary.

Global impact / market context

The reports show RBC made no change to its view. Their different price comparisons depend on different closing dates, so they do not show one consistent implied gain or loss. The reports give no reason for RBC’s view.

What to watch

  1. Check for a new RBC rating or target, since the supplied reports say both were unchanged.
  2. Check which closing date is used when comparing the $540 target with the share price, since the reports use different dates.
  3. Check whether new analyst targets are reported, since the supplied reports list different ranges of recent targets.

Affected assets

  • Advanced Micro Devices

Evidence