Advanced Micro Devices, Inc. (AMD) Tops Q4 EPS by 5c, Q1 Revenue Guidance Beats

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AMD (AMD) PT Raised to $120 at Cowen

January 27, 2021 7:04 AM EST

Cowen analyst Matthew Ramsay raised the price target on AMD (NASDAQ: AMD) to $120.00 (from $110.00) while maintaining an Outperform rating.

The analyst commented, "AMD's significant beat/raise and guidance of +37% 2021 growth have been the result of years of strong innovation and consistent execution. 2021... More