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Faithward Advisors reduced AMD shares by 12.5%, while analysts predict a strong year ahead for the company.
Faithward Advisors LLC sold 455 shares of AMD, reducing its holdings by 12.5%, to 3,197 shares, valued at $386,000.
AMD reported Q4 earnings of $1.07 per share, aligning with forecasts.
The company has a market cap of $126.41 billion and analysts predict 3.87 EPS for the year, with a target price of $152.72.
TD Cowen reduced its price objective to $110 but maintains a 'buy' rating.
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Faithward Advisors redujo las acciones de AMD en un 12,5%, mientras que los analistas predicen un año fuerte por delante para la compañía.