Information Provided By: 
Fly News Breaks for April 17, 2015
AMD
Apr 17, 2015 | 08:18 EDT
After AMD reported weaker than expected results, Bernstein says that its Q2 guidance suggests that its situation is worsening. The firm says that the company's model appears to be breaking, as the firm thinks the company is poised to burn significant amounts of cash and that it will "be in serious trouble" if its business does not rebound in 2H15. The company could fall "off the cliff" if it encounters any further potholes, warned Bernstein, which keeps a $1.50 price taregt and Underperform rating on the stock. .
News For AMD From the Last 2 Days
AMD
Apr 26, 2024 | 10:06 EDT
AMD
Apr 26, 2024 | 07:38 EDT
As previously reported, Erste Group downgraded AMD (AMD) to Hold from Buy. The valuation is "significantly higher than the P/E ratio of the peer group," as well as compared to "much stronger competitor" Nvidia (NVDA), the analyst tells investors. The firm adds that upside potential for AMD "appears limited at present."
AMD
Apr 26, 2024 | 06:44 EDT
