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Mizuho Securities Remains Sidelined on Advanced Micro Devices (AMD) Following 3Q Beat

October 21, 2016 9:32 AM EDT

Mizuho Securities reiterated a Neutral rating and $7.00 price target on Advanced Micro Devices (NASDAQ: AMD) following the company's 3Q earnings report. AMD reported 3Q16 revenue and EPS of $1.3B and $0.03 (versus consensus of $1.2B/$0.00).

Analyst Vijay Rakesh commented, "AMD reported 3Q16 Rev/EPS... More