UPDATE: BMO Capital Downgrades AMD (AMD) to Market Perform

Citi Remains Negative On Advanced Micro Devices (AMD)

Citi maintains Sell on AMD (NASDAQ: AMD).

Analyst Chris Danely says the company is still losing money in light of higher revenue guidance. He comments that the valuation remains near the all time high.

For an analyst ratings summary and... More

AMD (AMD) PT Raised to $13 at Stifel

Stifel raised its price target on AMD (NASDAQ: AMD) to $13.00 (from $11.00) while maintaining a Hold rating.

Analyst Kevin Cassidy is impressed with the new product revenue upside but comments that he would expected better GM expansion.

FY 2017 EPS estimate rises from $0.06 to $0.07 and FY 2018 EPS estimate rises from $0.14 to $0.15.

AMD (AMD) PT Raised to $18 at BofA/Merrill Lynch

BofA/Merrill Lynch raised its price target on AMD (NASDAQ: AMD) to $18.00 (from $16.50) while maintaining a Buy rating.

Analyst Vivek Arya says the turnaround is taking place noting a solid pipeline and large TAM. Arya believes the results have a positive read-through to NVIDIA (NASDAQ: NVDA).

AMD (AMD) PT Raised to $17 at Mizuho Securities

Mizuho Securities raised its price target on AMD (NASDAQ: AMD) to $17.00 (from $15.00) while maintaining a Buy rating.

Analyst Vijay Rakesh believes that while the company is posting computing and graphics share gains with revenue upside the company will also need to display... More

Baird Starts AMD (AMD) at Outperform

Baird initiates coverage on AMD (NASDAQ: AMD) with a Outperform rating and a price target of $20.00.

Analyst Tristan Gerra comments that channel feedback regarding EPYC has been very positive. Gerra expects iMac wins have validated the company's high-end GPI architecture. EPYC and... More

AMD (AMD) PT Raised to $12 at Deutsche Bank

Deutsche Bank raised its price target on AMD (NASDAQ: AMD) to $12.00 (from $10.00) while maintaining a Hold rating.

Chipmaker AMD forecasts current-quarter revenue above estimates

(Reuters) - Advanced Micro Devices Inc (NASDAQ: AMD) forecast current-quarter revenue above analysts' estimates and raised its full-year expectations, betting on robust demand for its graphics chips and its new Ryzen processors for PCs.

The company's shares rose 8.2 percent to $15.27 in extended trading on Tuesday.

AMD said... More

Advanced Micro Devices (AMD) Tops Q2 EPS by 2c, Offers Outlook

Advanced Micro Devices (NASDAQ: AMD) reported Q2 EPS of $0.02, $0.02 better than the analyst estimate of $0.00. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.16 billion.

Current Outlook

AMDs outlook statements are based on current expectations. The following statements are... More