Northland Capital Markets analyst Gus Richard downgraded shares of Advanced Micro Devices Inc. to market perform from outperform on Thursday. The stock is down 0.8% in premarket trading. “We believe that AMD sentiment is currently in between optimistic and euphoric,” Richard wrote. “While we expect numbers to go up, and the stock to continue to …
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MARKET PULSE Shares of Advanced Micro Devices Inc. (amd) are up 1.4% in premarket trading Tuesday after Cowen & Co. analyst Matthew Ramsay raised his price target on the stock to $30 from $25. He sees “a tough setup for the bear thesis” given that the company has either overcome or moved past a number of expected obstacles, including declining cryptocurrency contributions and Nvidia Corp.
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Advanced Micro Devices (AMD) is the hot stock that has caught everyone’s attention with its 89% rally since May 1. The stock is currently trading near its 52-week high of $20.92. It picked up pace after it released strong fiscal Q2 2018 earnings on July 25.
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(Note: The author of this fundamental analysis is a financial writer and portfolio manager.) Advanced Micro Devices Inc. (AMD) stock may be poised to rise by more than 15% by early next year b…
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Shares of Advanced Micro Devices Inc. (amd) are down 1% in Wednesday trading after a pair of cautious notes, including from Morgan Stanley’s Joseph Moore, who kept his underperform rating intact but raised his price target to $11 from $8. “We see graphics as a ~$2.6 bn run rate business in 1q18, facing a potential 25% decline from the decline in cryptocurrency mining, driving potential price declines through the whole product lineup, and facing an imminent Nvidia (nvda) product launch that they may not have an answer to for another year,” Moore wrote.
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AMD upped the game with the stock CPU coolers it bundled with Ryzen processors and they kicked it up another notch with 2nd-gen Ryzen which come with one of three Wraith models that we are comparing today: the Stealth, Spire…
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AMD’s stock surged after the chip maker was upgraded at Susquehanna, which cited a better cryptocurrency outlook, better-than-expected earnings and an improved competitive outlook.
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