UPDATE: BMO Capital Downgrades AMD (AMD) to Market Perform
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Citi Remains Negative On Advanced Micro Devices (AMD)
July 26, 2017 6:10 AM EDTCiti maintains Sell on AMD (NASDAQ: AMD).
Analyst Chris Danely says the company is still losing money in light of higher revenue guidance. He comments that the valuation remains near the all time high.
For an analyst ratings summary and... More
AMD (AMD) PT Raised to $13 at Stifel
July 26, 2017 6:07 AM EDTStifel raised its price target on AMD (NASDAQ: AMD) to $13.00 (from $11.00) while maintaining a Hold rating.
Analyst Kevin Cassidy is impressed with the new product revenue upside but comments that he would expected better GM expansion.
FY 2017 EPS estimate rises from $0.06 to $0.07 and FY 2018 EPS estimate rises from $0.14 to $0.15.
... MoreAMD (AMD) PT Raised to $18 at BofA/Merrill Lynch
July 26, 2017 6:05 AM EDTBofA/Merrill Lynch raised its price target on AMD (NASDAQ: AMD) to $18.00 (from $16.50) while maintaining a Buy rating.
Analyst Vivek Arya says the turnaround is taking place noting a solid pipeline and large TAM. Arya believes the results have a positive read-through to NVIDIA (NASDAQ: NVDA).
... MoreAMD (AMD) PT Raised to $17 at Mizuho Securities
July 26, 2017 6:02 AM EDTMizuho Securities raised its price target on AMD (NASDAQ: AMD) to $17.00 (from $15.00) while maintaining a Buy rating.
Analyst Vijay Rakesh believes that while the company is posting computing and graphics share gains with revenue upside the company will also need to display... More
Baird Starts AMD (AMD) at Outperform
July 26, 2017 4:55 AM EDTBaird initiates coverage on AMD (NASDAQ: AMD) with a Outperform rating and a price target of $20.00.
Analyst Tristan Gerra comments that channel feedback regarding EPYC has been very positive. Gerra expects iMac wins have validated the company's high-end GPI architecture. EPYC and... More
AMD (AMD) PT Raised to $12 at Deutsche Bank
July 26, 2017 4:32 AM EDTDeutsche Bank raised its price target on AMD (NASDAQ: AMD) to $12.00 (from $10.00) while maintaining a Hold rating.
... MoreChipmaker AMD forecasts current-quarter revenue above estimates
July 25, 2017 4:26 PM EDT(Reuters) - Advanced Micro Devices Inc (NASDAQ: AMD) forecast current-quarter revenue above analysts' estimates and raised its full-year expectations, betting on robust demand for its graphics chips and its new Ryzen processors for PCs.
The company's shares rose 8.2 percent to $15.27 in extended trading on Tuesday.
AMD said... More
Advanced Micro Devices (AMD) Tops Q2 EPS by 2c, Offers Outlook
July 25, 2017 4:16 PM EDTAdvanced Micro Devices (NASDAQ: AMD) reported Q2 EPS of $0.02, $0.02 better than the analyst estimate of $0.00. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.16 billion.
Current Outlook
AMDs outlook statements are based on current expectations. The following statements are... More
