Advanced Micro Devices, Inc. (AMD) Tops Q1 EPS by 2c; Sees Q2 Revs +/- 3% Q/Q
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AMD (AMD) Target Raised at FBR Post Q1; Finally Coming Together
April 21, 2014 8:50 AM EDTFBR Capital analyst Christopher Rolland reiterated an Outperform rating and boosted his price target on AMD (NYSE: AMD) from $5.50 to $6.00 following better-than-expected Q1 results that highlighted the company's changing business model and potential earnings power.
Rolland comments, ". Surprisingly, much of the revenue outperformance was driven by high-end GPU shipments rather than console APUs (although we worry that alt-coin mining is driving much of this outperformance). The company... More
AMD (AMD) Price Target Raised at Ascendiant Capital on Solid 'Beat and Raise' Qtr
April 21, 2014 8:23 AM EDTAscendiant Capital analyst Cody Acree reiterated a Buy rating and boosted his price target on AMD (NYSE: AMD) from $5 to $5.50 on a solid 'beat and raise' quarter on better PCs, strong consoles and tight OpEx control.
Acree commented, "With somewhat better demand in the computing market, driven largely by... More
