Morgan Stanley Downgrades AMD (AMD) to Underweight
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July 19, 2013 7:23 AM EDT
FBR Capital reiterated an Outperform rating and $5.50 price target on AMD (NYSE: AMD) following solid Q2 results and "spectacular" 3Q13 guidance of 22% revenue growth sequentially. Before bulls began to party on the strong results, however, the company offered gross margin guidance for 3Q13 of 36%,... More
July 19, 2013 6:39 AM EDT
Credit Suisse downgraded AMD (NYSE: AMD) from Neutral to Underperform.
For an analyst ratings summary and ratings history on AMD click here. For more ratings news on AMD click here.
Shares of AMD closed at $4.64 yesterday, with a 52 week range of $1.81-$5.07.... More
July 18, 2013 4:16 PM EDT
Advanced Micro Devices, Inc. (NYSE: AMD) reported Q2 EPS of ($0.09), $0.04 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $1.16 billion versus the consensus estimate of $1.11 billion.
For the third quarter of 2013, AMD expects revenue to increase 22 percent, plus or minus 3... More
July 18, 2013 3:05 PM EDT
Advanced Micro Devices (NYSE: AMD) was active ahead of its Q2 earnings report after the bell, climbing 3% intra-day on Thursday.... More
