Advanced Micro Devices, Inc. (AMD) Reports In-Line Q2 EPS
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AMD (AMD) Sell Rating Reiterated at Goldman Sachs
July 18, 2014 11:22 AM EDTGoldman Sachs earlier reiterated a Sell rating on AMD (NYSE: AMD) price target of $2.50. Comments follow Q2 results and weak outlook.
Analyst James Covello said, "We believe AMDs weaker outlook reflects a more measured ramp into gaming consoles this year... More
AMD (AMD) Post-Q2 Decline Called An Overreaction at Wedbush
July 18, 2014 8:21 AM EDTWedbush reiterated an Outperform rating on AMD (NYSE: AMD) with a price target of $6.00. Comments follow Q2 results and a sharp drop after-hours. Analyst Betsy Van Hees called the decline an overreaction.
"Best Ideas List (BIL) AMD reported Q2 pro forma EPS a penny light on largely in-line revenue guiding... More
AMD (AMD) Transformation Remains On Track - Ascendiant Capital
July 18, 2014 8:14 AM EDTAscendiant Capital analyst Cody Acree reiterated a Buy rating and $5.50 price target on AMD (NYSE: AMD) following Q2 results which showed margin pressure on mix with disappointing guidance allthoh the transformation remains on track.
Acree commented, "Although we are somewhat... More
BofA/Merrill Lynch Downgrades AMD (AMD) to Underperform, $4 PT
July 18, 2014 7:37 AM EDTBofA/Merrill Lynch downgraded AMD (NYSE: AMD) from Neutral to Underperform with a price target of $4.00 (from $4.50).
Analyst Vivek Arya said, "While management has done a good job of strengthening the balance sheet and winning critical business with major console customers, we... More
Buy AMD (AMD) on Post Q2 Sell-Off - Jefferies
July 18, 2014 6:51 AM EDTJefferies analyst Mark Lipacis reiterated a Buy rating and $6 price target on AMD (NYSE: AMD) following Q2 results, lower Q3 rev guidance and the 20% sell-off in the stock. The firm said they view the sell-off as a overreaction and are buyers on... More
FBR Capital Downgrades AMD (AMD) to Market Perform on Disappointing Q2, Q3 Rev Outlook
July 18, 2014 6:25 AM EDTFBR Capital downgraded AMD (NYSE: AMD) from Outperform to Market Perform with a price target of $4.50 (from $6.00) n-line
2Q14 revenue but worse-than-expected 3Q14 top-line guidance.
Analyst Christopher Rolland comments, "AMD's 2Q14 PC revenue once again disappointed the Street in an otherwise fortuitous quarter for the industry, while its PC gaming GPU shipments... More
