Advanced Micro Devices, Inc. (AMD) Tops Q1 EPS by 2c; Sees Q2 Revs +/- 3% Q/Q
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/9/2026
Go back to Advanced Micro Devices, Inc. (AMD) Tops Q1 EPS by 2c; Sees Q2 Revs +/- 3% Q/Q
April 21, 2014 8:50 AM EDT
FBR 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
April 21, 2014 8:23 AM EDT
Ascendiant 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
