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

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

January 21, 2015 7:38 AM EST

Credit Suisse analyst J. Pitzer reiterated an Underperform rating while cutting his price target on AMD (NASDAQ: AMD) to $2.00 (from $3.00) following Q4 results which missed the Street and guidance that was below the consensus.

Pitzer said, "While AMD continues to manage expenses... 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