AMD's First Analyst Day In 3 Years Leaves Street Impressed With Product Roadmap, 'Sustaining Momentum'

Two Advanced Micro Devices, Inc. (NASDAQ: AMD) analysts came away confident about the semiconductor company’s fundamentals following its financial analyst day Thursday. The AMD Analysts Deutsche Bank Securities analyst Ross Seymore maintained a Hold rating on AMD shares and increased the price target from $42 to $50.Credit Suisse analyst John Pitzer maintained a Neutral rating and $33 price target.Deutsche Bank: AMD’s Roadmap, Financial Goals Impressive AMD’s first analyst meeting in three years conveyed a very confident growth plan focusing on market share gains across each of its CPU/GPU-enabled markets, Deutsche Bank analyst Seymore …read more

Source:: Yahoo Finance

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.