Advanced Micro Devices (AMD) Viewed Positively at Wells Fargo

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AMD (AMD) PT Lowered to $13 at Loop Capital

October 25, 2017 7:18 AM EDT

Loop Capital lowered its price target on AMD (NASDAQ: AMD) to $13.00 (from $14.00) while maintaining a Hold rating.

Analyst Betsy Van Hees cited a lack of transparency, spending and flat GM.

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Goldman Sachs Remains Sell-rated on Advanced Micro Devices (AMD)

October 25, 2017 4:59 AM EDT

Goldman Sachs maintains Sell on AMD (NASDAQ: AMD) price target of $11.40.

Analyst Toshiya Hari remains negative on the company noting any bull-case scenario is likely already priced into the stock. The analyst lowers EPS estimate and notes the unfavorable risk/reward prevents... More

Jefferies Remains Positive On Advanced Micro Devices (AMD)

October 25, 2017 3:20 AM EDT

Jefferies maintains Buy on AMD (NASDAQ: AMD) price target of $19.00.

Analyst Mark Lipacis believes a large driver for the post-report sell-off was rooted in the guidance for flat gross margins in Q4 coupled with concerns related to cryptocurrency revenues. The analyst believes clients... More

Advanced Micro Devices (AMD) Tops Q3 EPS by 2c

October 24, 2017 4:22 PM EDT

Advanced Micro Devices (NASDAQ: AMD) reported Q3 EPS of $0.10, $0.02 better than the analyst estimate of $0.08. Revenue for the quarter came in at $1.64 billion versus the consensus estimate of $1.51 billion.

For the fourth quarter of 2017, AMD expects revenue to decrease approximately 15 percent sequentially,... More