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Fly News Breaks for December 17, 2019
INTC, AMD
Dec 17, 2019 | 06:19 EDT
Piper Jaffray analyst Harsh Kumar raised his price target for AMD (AMD) to $40 from $35 while keeping a Neutral rating on the shares. After meeting with management, the analyst feels AMD's competitive positioning relative to Intel (INTC) "appears to be incrementally improving." Specifically,the CPU issues impacting Intel have now started to creep into the server side as well as the mid-end PC business, Kumar tells investors in a research note.
News For AMD;INTC From the Last 2 Days
AMD
Apr 19, 2024 | 14:09 EDT
What has Wall Street been buzzing about this week? Here are the top 5 Bu-y calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of April 15-19. Find all top-rated... To see the rest of the story go to thefly.com. See Story Here
AMD
Apr 18, 2024 | 07:16 EDT
TD Cowen raised the firm's price target on AMD to $200 from $185 and keeps a Buy rating on the shares. The analyst expect data center strength and "well-known softness elsewhere" when AMD reports Q1 results. The firm sees AMD as generating upwards of $10.00 in earnings per share by 2027, or a nearly 40% annual growth off of 2023. TD increased its MI300 2024 revenue estimate to $4.5B from $4B, saying ramps at several customers will continue to happen more quickly than typical. AMD remains one of its top picks.