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Fly News Breaks for April 26, 2018
AMD
Apr 26, 2018 | 06:46 EDT
JPMorgan analyst Harlan Sur lowered his price target for AMD to $13 following last night's Q1 results. The analyst expects the competitive front to remain challenging and believes AMD will need to "invest meaningfully" in engineering resources as it attempts to keep pace with the market leaders, which he notes is "dampening earnings power expansion." Sur keeps a Neutral rating on AMD shares.
News For AMD From the Last 2 Days
AMD
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