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Fly News Breaks for July 24, 2017
AMD
Jul 24, 2017 | 07:27 EDT
Canaccord analyst Matthew Ramsay said the risk/reward for AMD is still tilted to the upside and he remains confident in his long-term bullish thesis. He views Q2 results as the first important financial quarter in the company's ongoing turnaround and he continues to gain confidence in the next-generation product roadmap across the portfolio. Ramsay reiterated his Buy rating and $20 price target on AMD shares.