Citi Remains Negative On Advanced Micro Devices (AMD)
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AMD (AMD) PT Raised to $13 at Stifel
July 26, 2017 6:07 AM UTCStifel raised its price target on AMD (NASDAQ: AMD) to $13.00 (from $11.00) while maintaining a Hold rating.
Analyst Kevin Cassidy is impressed with the new product revenue upside but comments that he would expected better GM expansion.
FY 2017 EPS estimate rises from $0.06 to $0.07 and FY 2018 EPS estimate rises from $0.14 to $0.15.
... MoreAMD (AMD) PT Raised to $18 at BofA/Merrill Lynch
July 26, 2017 6:05 AM UTCBofA/Merrill Lynch raised its price target on AMD (NASDAQ: AMD) to $18.00 (from $16.50) while maintaining a Buy rating.
Analyst Vivek Arya says the turnaround is taking place noting a solid pipeline and large TAM. Arya believes the results have a positive read-through to NVIDIA (NASDAQ: NVDA).
... MoreAMD (AMD) PT Raised to $17 at Mizuho Securities
July 26, 2017 6:02 AM UTCMizuho Securities raised its price target on AMD (NASDAQ: AMD) to $17.00 (from $15.00) while maintaining a Buy rating.
Analyst Vijay Rakesh believes that while the company is posting computing and graphics share gains with revenue upside the company will also need to display... More
UPDATE: BMO Capital Downgrades AMD (AMD) to Market Perform
July 26, 2017 5:20 AM UTC(Updated - July 26, 2017 7:24 AM EDT)
(updated to add analyst comment)
BMO Capital downgraded AMD (NASDAQ: AMD) from Outperform to Market Perform with a price target of $15.00.
Analyst Dr. Ambrish Srivastava comments "While we laud AMD for near-flawless... More
Baird Starts AMD (AMD) at Outperform
July 26, 2017 4:55 AM UTCBaird initiates coverage on AMD (NASDAQ: AMD) with a Outperform rating and a price target of $20.00.
Analyst Tristan Gerra comments that channel feedback regarding EPYC has been very positive. Gerra expects iMac wins have validated the company's high-end GPI architecture. EPYC and... More
AMD (AMD) PT Raised to $12 at Deutsche Bank
July 26, 2017 4:32 AM UTCDeutsche Bank raised its price target on AMD (NASDAQ: AMD) to $12.00 (from $10.00) while maintaining a Hold rating.
... MoreChipmaker AMD forecasts current-quarter revenue above estimates
July 25, 2017 4:26 PM UTC(Reuters) - Advanced Micro Devices Inc (NASDAQ: AMD) forecast current-quarter revenue above analysts' estimates and raised its full-year expectations, betting on robust demand for its graphics chips and its new Ryzen processors for PCs.
The company's shares rose 8.2 percent to $15.27 in extended trading on Tuesday.
AMD said... More
Advanced Micro Devices (AMD) Tops Q2 EPS by 2c, Offers Outlook
July 25, 2017 4:16 PM UTCAdvanced Micro Devices (NASDAQ: AMD) reported Q2 EPS of $0.02, $0.02 better than the analyst estimate of $0.00. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.16 billion.
Current Outlook
AMDs outlook statements are based on current expectations. The following statements are... More
