AMD Reports Fourth Quarter and Annual 2016 Financial Results
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February 1, 2017 10:08 AM EST
Advanced Micro Devices (NASDAQ: AMD) Taps Session High, Shares Up 10%
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February 1, 2017 10:03 AM EST
Canaccord Genuity raised its price target on AMD (NASDAQ: AMD) to $14.00 (from $13.00) while maintaining a Buy rating.
Analyst Matthew Ramsay commented, "A remarkable turnaround in 2016 saw high-single digits revenue growth in both of the company's operatings segments, spending discipline and a significant... More
February 1, 2017 8:09 AM EST
Wells Fargo analyst David Wong reiterated an Outperform rating and raised his valuation range on AMD (NASDAQ: AMD) to $11.00 - $13.00 from $8.00 -$10.00 following results.
Wong commented, "We are impressed with AMDs steady progress in driving renewed revenue growth, strengthening its product positioning... More
February 1, 2017 7:27 AM EST
Jefferies reiterated a Buy rating and $13.00 price target on Advanced Micro Devices (NASDAQ: AMD) following the company's 4Q earnings report. AMD's 4Q16 sales of $1.11b beat consensus $1.07b by 310bps on better Compute & Graphics segment revenue. Non-GAAP loss per share was $0.01, in line with... More
January 31, 2017 4:15 PM EST
Advanced Micro Devices (NASDAQ: AMD) reported Q4 EPS of ($0.01), $0.01 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.07 billion.
"We met our strategic objectives in 2016, successfully executing our product roadmaps, regaining share in key... More
