AMD revenue forecast disappoints on weak console demand

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UPDATE: Summit Insights Upgrades AMD (AMD) to Buy

January 29, 2020 7:26 AM EST

(Updated - January 29, 2020 7:27 AM EST)

(correcting firm name and updating comment)

Summit Insights analyst Kinngai Chan upgraded AMD (NASDAQ: AMD) from Neutral to Buy.

Believes company is positioned ot take more market share, this time from Intel.Believes GM... More

Mizuho Securities Reiterates Buy Rating on AMD (AMD) Following Earnings Report

January 29, 2020 6:58 AM EST

Mizuho Securities analyst Vijay Rakesh reiterated a Buy rating and $55.00 price target on AMD (NASDAQ: AMD) following the company's earnings report. AMD reported an in-line DecQ and guided to a MarQ with $1.8B top line (cons $1.9B) and a ~46% GM (cons 44.1%).... More