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MKM Partners Remains Bullish on Advanced Micro Devices (AMD) Following Strong 2Q

July 22, 2016 11:01 AM EDT

MKM Partners reiterated a Buy rating and $6.30 price target on Advanced Micro Devices (NASDAQ: AMD) following the company's 2Q earnings report. AMD reported a $0.04 EPS beat. Revenue was also strong in the quarter, due primarily to semi-custom game consoles and GPUs offsetting a weakness in... More