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

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