Advanced Micro Devices (NYSE: AMD)‘s stock had its “underweight” rating reaffirmed by research analysts at Evercore Partners in a report released on Thursday. They currently have a $1.50 target price on the stock.

Advanced Micro Devices traded up 6.63% on Thursday, hitting $2.09. Advanced Micro Devices has a 1-year low of $1.81 and a 1-year high of $8.35. The company’s market cap is $1.488 billion.

Advanced Micro Devices last released its earnings data on Thursday, October 18th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by $0.04. The company’s revenue for the quarter was down 24.9% on a year-over-year basis. Analysts expect that Advanced Micro Devices will post $-0.20 EPS for the current fiscal year.

A number of other firms have also recently commented on AMD. Analysts at Sterne Agee reiterated a “neutral” rating on shares of Advanced Micro Devices in a research note to investors on Wednesday, November 14th. They now have a $3.00 price target on the stock. Separately, analysts at Barclays Capital reiterated an “equalweight” rating on shares of Advanced Micro Devices in a research note to investors on Tuesday, October 30th. They now have a $2.00 price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Advanced Micro Devices in a research note to investors on Monday, October 29th. They now have a $5.00 price target on the stock.

Advanced Micro Devices, Inc. (AMD) is a global semiconductor company with facilities globally. Within the global semiconductor industry, it offers x86 microprocessors, as standalone devices or as incorporated as an accelerated processing unit, for the commercial and consumer markets, embedded microprocessors for commercial, commercial client and consumer markets and chipsets for desktop and mobile devices, including mobile personal computers (PCs), and tablets, professional workstations and servers, and graphics, video and multimedia products for desktop and mobile devices, including mobile PCs and tablets, home media PCs and professional workstations, servers and technology for game consoles.