AMD (AMD) Target Slashed to $2 at Credit Suisse Post Q4

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Imperial Capital Keeps Bullish Rating on AMD (AMD) Post Q4, Calls Results 'Consistent with Expectations'

January 21, 2015 10:15 AM EST

Imperial Capital analyst Ashok Kumar reiterated an Outperform rating but trimmed his price target on AMD (NASDAQ: AMD) to $3.00 (from $3.30) following Q4 results after the close which he said was "consistent with expectations." The firm's new price target represents 34% upside to the recent... More

UPDATE: Advanced Micro Devices (AMD) Misses Q4 EPS by 1c

January 20, 2015 4:15 PM EST

(Updated - January 20, 2015 4:18 PM EST)

Advanced Micro Devices (NASDAQ: AMD) reported Q4 EPS of $0.00, $0.01 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $1.24 billion versus the consensus estimate of $1.24 billion.

"We made progress diversifying our business,... More