AMD (AMD) Price Target Lowered at Goldman Sachs; Analyst Maintains Sell Rating

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AMD (AMD) PT Slashed at BofA/Merrill Lynch; Confidence in Turnaround Low

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

Canaccord Genuity Downgrades AMD (AMD) to Hold

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.

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Advanced Micro Devices (AMD) Misses Q3 EPS by 1c; Announces Restructuring Plan

October 16, 2014 4:15 PM EDT

Advanced Micro Devices (NYSE: AMD) reported Q3 EPS of $0.03, $0.01 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $1.43 billion versus the consensus estimate of $1.47 billion.

Q4 2014 Restructuring and Transformation Initiatives As a part of AMD's ongoing... More