AMD (AMD) Sees Wider than Expected Drop in Q3 Revs
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Analysts Cautious on PC-Weighted Names after AMD (AMD) Reports Weak Revs.
October 12, 2012 12:50 PM EDTCanaccord Genuity maintained a Hold rating on AMD (NYSE: AMD) and cut its price target to $3.00 (from $5.00).
Yesterday AMD pre-announced lower revenue and gross margin.
"This corroborates our cautious PC supply chain checks and supports remaining cautious on PC-weighted names in... More
Nomura Cuts Price Target on AMD (AMD) to $4
October 12, 2012 8:40 AM EDTNomura Securities maintained a Neutral rating on AMD (NYSE: AMD) and cut its price target to $4.00 (from $5.00) following yesterday's preliminary results.
Analysts also cut EPS estimates from $0.01 to $(0.22) in Q3 and from $0.40 to $0.08 in 2013.
For an analyst ratings summary... More
