AMD Reports Second Quarter 2020 Financial Results
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AMD (AMD) PT Raised to 'Street High' $120 at Rosenblatt on Multiple Tailwinds
July 29, 2020 7:30 AM EDTRosenblatt analyst Hans Mosesmann raised the price target on AMD (NASDAQ: AMD) to $120.00 (from $70.00) while maintaining a Buy rating, citing multiple tailwinds heading into the 2nd-half of 2020 and 2021, including strong share gains.
The analyst commented, "Strong beat and raise with AMD enjoying a multitude of tailwinds in 1H20 with server EPYC2 (Rome)... More
