Form 4 ADVANCED MICRO DEVICES For: Aug 15 Filed by: Norrod Forrest Eugene
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Go back to Form 4 ADVANCED MICRO DEVICES For: Aug 15 Filed by: Norrod Forrest Eugene
August 21, 2024 4:59 AM EDT
Citi analyst Christopher Danely reiterated a Buy rating and $210.00 price target on AMD (NASDAQ: AMD)
The analyst comments "Yesterday, AMD announced it will acquire ZT Systems for $4.9 billion with a 75% cash and 25% stock transaction. ZT Systems is a manufacturer for AI... More
August 20, 2024 7:44 AM EDT
Northland analyst Gus Richard reiterated an Outperform rating and $175.00 price target on AMD (NASDAQ: AMD)
The analyst comments "AMD announced that it is acquiring ZT Systems for $4.9 billion. ZT Systems provides AI infrastructure to CSPs. We believe the acquisition will accelerate AMD's... More
August 20, 2024 5:35 AM EDT
Barclays analyst Blayne Curtis reiterated an Overweight rating and $180.00 price target on AMD (NASDAQ: AMD)
The analyst comments "Our Take: In our view, this cements the systems-based approach NVDA has championed as potentially the majority of shipments in the coming year plus. AMD could have announced a board level/system-based solution tomorrow and we wouldn't... More
August 20, 2024 5:11 AM EDT
Piper Sandler analyst Harsh Kumar reiterated an Overweight rating and $175.00 price target on AMD (NASDAQ: AMD)
The analyst comments "This morning, AMD filled a major gap in its system level offering with the announcement of the proposed acquisition of ZT... More
August 20, 2024 5:08 AM EDT
Edward Jones analyst Logan Purk initiates coverage on AMD (NASDAQ: AMD) with a Buy rating.
The analyst comments "We are initiating coverage of AMD with a Buy rating and adding shares to the Stock Focus List. We believe the company should deliver outsized... More
