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AMD target raised as Stifel expects in line December quarter results

January 26, 2024 10:29 AM EST

Stifel raised the AMD (NASDAQ: AMD) price target to $200 from $170 per share on Friday, with analyst Ruben Roy maintaining a Buy rating on the stock in a note.

Ahead of the company's 4Q earnings results on Tuesday, January 30, Roy said they expect in-line... More

January supply chain checks favor these chip stocks

January 25, 2024 6:00 PM EST

Key Bank recently conducted its quarterly supply chain check, providing insights into the current state of various tech markets. The findings present a mixed picture, with both positive and negative trends across different segments.

In the face of a challenging environment, widespread end-demand trends continue to exhibit weakness. The automotive and industrial markets are grappling with inventory destocking, contributing to an overall subdued demand. Key Bank's analysis reveals that the PC market remains stagnant, while Android smartphones are managing to sustain demand. On the flip side, iPhones are encountering... More

UBS raises AMD price target, says stock 'can keep marching higher'

January 25, 2024 1:49 PM EST

The AMD (NASDAQ: AMD) price target was lifted to $220 per share by UBS analyst Timothy Acruri in a note Thursday, with the analyst saying that the company's tactical setup around earnings is complicated due to the recent rally.

In the earnings preview note, the analyst stated AMD's... More