Wall Street sets AMD stock price target for the next 12 months

The stock of Advanced Micro Devices (NASDAQ: AMD) has been on something of a roller coaster ride in recent months, having recorded both stellar rallies and staggering drops. Still, AMD shares have overall underperformed as they are, at their press time price of $119.95, 25.03% in the red in the last 12 months.AMD stock 12-month price chart. Source: FinboldSuch a situation is somewhat surprising given that the company is the second-most prominent player in the otherwise exceptionally strong semiconductor ind ...