Buy AMD (AMD) on Post Q2 Sell-Off - Jefferies
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Go back to Buy AMD (AMD) on Post Q2 Sell-Off - Jefferies
July 18, 2014 11:22 AM EDT
Goldman 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
July 18, 2014 8:21 AM EDT
Wedbush 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
July 18, 2014 8:14 AM EDT
Ascendiant 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
July 18, 2014 7:37 AM EDT
BofA/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
July 18, 2014 6:25 AM EDT
FBR 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
July 17, 2014 4:17 PM EDT
Advanced Micro Devices, Inc. (NYSE: AMD) reported Q2 EPS of $0.02, in-line with the analyst estimate of $0.02. Revenue for the quarter came in at $1.44 billion versus the consensus estimate of $1.44 billion.
"The second quarter capped off a solid first half of the year... More
