AMD (AMD) PT Lowered to $18 at Susquehanna; Consensus Too High

January 23, 2019 7:09 AM EST
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Price: $514.39 +6.50%

Rating Summary:
    53 Buy, 16 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Susquehanna analyst Christopher Rolland lowered the price target on AMD (NASDAQ: AMD) to $18.00 (from $19.00) while maintaining a Neutral rating.

Rolland commented, "While AMD has done a good job managing 1Q19 Street expectations lower, consensus remains well above seasonal, and falling retail graphics card prices may suggest "crypto hangover" risks remain."



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