AMD posts Q3 sales outlook below Wall St, data center growth remains strong
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New Street Research Reiterates Sell Rating on AMD (AMD), 'With the console cycle also slowing, expectations are at risk'
August 3, 2022 10:10 AM EDTNew Street Research analyst Pierre Ferragu reiterated a Sell rating and $80.00 price target on AMD (NASDAQ: AMD).
The analyst comments "AMD has won the right to be a sustainable challenger to Intel but should see market share momentum plateauing this year... More
