AMD revenue forecast disappoints as crypto demand subsides, shares plummet

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AMD (AMD) PT Lowered to $19 at Susquehanna

October 25, 2018 6:54 AM EDT

Susquehanna analyst Christopher Rolland lowered the price target on AMD (NASDAQ: AMD) to $19.00 (from $22.00) while maintaining a Neutral rating.

Rolland commented, "Results and guidance missed the Street significantly as channel GPUs sales weighed. Make no mistake about it management was describing the... More

AMD (AMD) PT Lowered to $25 at Baird

October 25, 2018 6:52 AM EDT

Baird analyst Tristan Gerra lowered the price target on AMD (NASDAQ: AMD) to $25.00 (from $28.00) while maintaining a Neutral rating following results.

Gerra commented, "While AMD's execution and share gains remain on target, the significant estimate upside needed to justify the stock's valuation did not... More