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Fly News Breaks for April 22, 2016
AMD
Apr 22, 2016 | 07:23 EDT
Craig-Hallum analyst Christian Schwab upgraded AMD to Buy saying the company is on the cusp of a turnaround. The analyst said the company's better than seasonal Q1 computing and graphics execution and better than expected guidance is the proof it needed and the licensing of its technology to THATIC for the Chinese server market increases its chances of success. Schwab raised his price target on AMD shares to $6 from $3.
News For AMD 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 | 08:56 EDT
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.
