Why This AMD Analyst Is Bumping Up Price Target For Stock By 19% Following Q4 Results

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The AMD Thesis: AMD’s fourth-quarter revenue and non-GAAP earnings per share, or EPS, came in above KeyBanc’s and the consensus estimates, Vinh said in a note.

Advanced Micro Devices Inc.(NASDAQ: AMD) announced late on Tuesday better-than-feared fourth-quarter results, sending its shares higher in after-hours trading.

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Author / Journalist: Shanthi Rexaline

Category: Technology

Markets: United States

Topics: Reiteration Chips John Vinh Price Target Analyst Color Earnings Analyst Ratings US0079031078 News KeyBanc Capital Markets AMD Tech Benzinga

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-02-01 @ 11:15:05 (1 months ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 298 words

Reading Time: 2 minutes read

Sentences: 13 lines

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Copyright Owner: © Benzinga

News ID: 5044608

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