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Fly News Breaks for March 24, 2017
AMD
Mar 24, 2017 | 06:51 EDT
Jefferies analyst Mark Lipacis says his firm's recent channel checks in the Asia PC supply chain support his thesis of a systemic turnaround at AMD. The checks show higher responsiveness and better execution at AMD as well as enthusiasm for Zen Desktop MPUs, Lipacis tells investors in a research note. The analyst now has greater conviction in his above-consensus estimates and reiterates a Buy rating on AMD with a $16 price target.
News For AMD From the Last 2 Days
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
