Pacific Crest Is Positive On Advanced Micro Devices (AMD)

June 20, 2017 4:57 AM EDT
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Price: $58.66 -13.54%

Rating Summary:
    37 Buy, 15 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 9 | New: 24
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Pacific Crest maintains Sector Weight on AMD (NASDAQ: AMD).

Analyst Mike McConnell comments that business sustainability remains in question but raises his Q2 EPS estimate citing strong GPU demand from cryptocurrency mining market.

Q2 EPS rises from $0.00 to $0.01.

For an analyst ratings summary and ratings history on AMD click here. For more ratings news on AMD click here.

Shares of AMD closed at $11.93 yesterday.

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