Price Target (AMD): Advanced Micro Devices Given 'underweight' Rating at Evercore Partners (AMD)

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2 comment(s). Last comment by jlfong1988 2013-01-07 00:53

stockblur

3 posts

Posted by stockblur > 2012-12-31 09:02 | Report Abuse

the price is downtrend.. how long.... anyone know?

jlfong1988

4 posts

Posted by jlfong1988 > 2013-01-07 00:53 | Report Abuse

Currently undergoing upward retracement. Seems like 20MA may cross 200MA in the short run. However, long term downtrend is likely to continue due to weak fundamentals from the company's business operations and weak PC industry outlook.

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