AMD Reports Second Quarter 2021 Financial Results
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AMD (AMD) PT Raised to $130 at Susquehanna
July 28, 2021 8:11 AM EDTSusquehanna analyst Christopher Rolland raised the price target on AMD (NASDAQ: AMD) to $130.00 (from $125.00) while maintaining a Positive rating.
The analyst commented, "While we had anticipated upside results/guidance, we had not expected the company to navigate supply constraints flawlessly and raise full year expectations."
... MoreAMD (AMD) Delivers Another Beat-and-Raise, Analysts Hike Numbers Citing 'Superior Products and Manufacturing Process'
July 28, 2021 7:51 AM EDTShares of Advanced Micro Devices (NASDAQ: AMD) are trading 2.5% higher in early Wednesday trading after the company reported strong Q2 and guided higher for Q3.
The company made a profit of $0.63 per share on revenue of $3.85 billion. This is higher than expectations of $0.54 per share on sales of $3.62 billion. On a year-to-year basis, sales nearly doubled.
"Our business performed exceptionally well in the second quarter as revenue and operating margin doubled and profitability more than tripled year over year," Chief Executive Lisa Su said in a news... More
AMD (AMD) PT Raised to $125 at Northland Capital Markets
July 28, 2021 6:54 AM EDTNorthland Capital Markets analyst Gus Richard raised the price target on AMD (NASDAQ: AMD) to $125.00 (from $116.00) while maintaining an Outperform rating.
The analyst commented, "AMD reported strong Q2 and guided Q3 up and raised revenue growth guidance for CY21 from 50% to 60%.... More
