BofA/Merrill Lynch Downgrades AMD (AMD) to Underperform, $4 PT
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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
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
Advanced Micro Devices, Inc. (AMD) Reports In-Line Q2 EPS
July 17, 2014 4:17 PM EDTAdvanced 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
