Advanced Micro Devices (AMD) Gets $620 Target From Susquehanna Ahead of Earnings
Photo: TokenPost
Susquehanna analyst Christopher Rolland raised his price target for Advanced Micro Devices (AMD) to $620 from $550 ahead of the chipmaker’s Nov. 3 third-quarter earnings report. The new estimate is below Citi’s $800 target, which Atif Malik raised from $575, and TD Cowen’s $675 target. TD Cowen kept its target on Oct. 19 after raising it to $675 in July. Arete raised its target to $612 from $540 on Oct. 16. TokenPost previously covered Arete’s target revision . AMD’s second-quarter revenue exceeded expectations, though many analysts had expected a larger contribution from its Helios chips.
Source: TokenPost
