Citi Remains Negative On Advanced Micro Devices (AMD)

AMD (AMD) PT Raised to $13 at Stifel

Stifel 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.

AMD (AMD) PT Raised to $18 at BofA/Merrill Lynch

BofA/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).

AMD (AMD) PT Raised to $17 at Mizuho Securities

Mizuho 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

UPDATE: BMO Capital Downgrades AMD (AMD) to Market Perform

(Updated - July 26, 2017 7:24 AM EDT)

(updated to add analyst comment)

BMO Capital downgraded AMD (NASDAQ: AMD) from Outperform to Market Perform with a price target of $15.00.

Analyst Dr. Ambrish Srivastava comments "While we laud AMD for near-flawless... More

Baird Starts AMD (AMD) at Outperform

Baird 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

Deutsche Bank raised its price target on AMD (NASDAQ: AMD) to $12.00 (from $10.00) while maintaining a Hold rating.

Chipmaker AMD forecasts current-quarter revenue above estimates

(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

Advanced 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