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Fly News Breaks for June 11, 2019
AMD
Jun 11, 2019 | 08:23 EDT
RBC Capital analyst Mitch Steves keeps his Outperform rating on AMD, saying he was "positively surprised" by the company's official 16-core desktop processor announcement last night and sees the September release date coming about a month earlier than his expected Q4 launch. The analyst further notes that the specifications of the new processor are "compelling" and will lead to "successful high-end desktop share gains."
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.
