AMD (AMD) Beats Q1 Views on Data Center Strength and Raises Guidance to Send Shares 4% Higher

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AMD (AMD) PT Raised to $125 at Susquehanna

April 28, 2021 9:05 AM EDT

Susquehanna analyst Christopher Rolland raised the price target on AMD (NASDAQ: AMD) to $125.00 (from $115.00) while maintaining a Positive rating.

The analyst commented, "AMD posted incredibly strong results/guidance, driven by broad-based growth across almost all product lines. But the star of the show was the positively revised 2021 top-line growth guidance from +37% to 50% YOY! All parts of AMDs business are hitting on all... More