Advanced Micro Devices (AMD) Misses Q3 EPS by 1c; Announces Restructuring Plan
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/9/2026
Go back to Advanced Micro Devices (AMD) Misses Q3 EPS by 1c; Announces Restructuring Plan
October 17, 2014 9:24 AM EDT
Goldman Sachs maintained a Sell rating on AMD (NYSE: AMD) and lowered its price target to $2.25 (from $2.50). Comments follow Q3 results. Analyst James Covello said the miss indicates magnitude of share loss and structural challenges.
"AMD attributed the 4Q sales shortfall to weakness in consumer... More
October 17, 2014 8:44 AM EDT
BofA/Merrill Lynch analyst Vivek Arya lowered his price target on Underperform-rated AMD (NYSE: AMD) to $3.25 (from $4.00) citing low confidence in a turnaround following the company's update after the close.
Arya notes Q3 results were weak and Q4 sales guidance was below view.... More
October 17, 2014 6:39 AM EDT
Canaccord Genuity downgraded AMD (NYSE: AMD) from Buy to Hold with a price target of $2.75 (from $4.50).
For an analyst ratings summary and ratings history on AMD click here. For more ratings news on AMD click here.
Shares of AMD closed at $2.64 yesterday.
...
More
