Advanced Micro Devices (AMD) Viewed Positively at Wells Fargo
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October 25, 2017 7:18 AM EDT
Loop Capital lowered its price target on AMD (NASDAQ: AMD) to $13.00 (from $14.00) while maintaining a Hold rating.
Analyst Betsy Van Hees cited a lack of transparency, spending and flat GM.
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October 25, 2017 4:59 AM EDT
Goldman Sachs maintains Sell on AMD (NASDAQ: AMD) price target of $11.40.
Analyst Toshiya Hari remains negative on the company noting any bull-case scenario is likely already priced into the stock. The analyst lowers EPS estimate and notes the unfavorable risk/reward prevents... More
October 25, 2017 3:20 AM EDT
Jefferies maintains Buy on AMD (NASDAQ: AMD) price target of $19.00.
Analyst Mark Lipacis believes a large driver for the post-report sell-off was rooted in the guidance for flat gross margins in Q4 coupled with concerns related to cryptocurrency revenues. The analyst believes clients... More
October 24, 2017 4:22 PM EDT
Advanced Micro Devices (NASDAQ: AMD) reported Q3 EPS of $0.10, $0.02 better than the analyst estimate of $0.08. Revenue for the quarter came in at $1.64 billion versus the consensus estimate of $1.51 billion.
For the fourth quarter of 2017, AMD expects revenue to decrease approximately 15 percent sequentially,... More
