|Bid||34.14 x 4600|
|Ask||34.15 x 2900|
|Day's Range||34.10 - 34.45|
|52 Week Range||30.44 - 38.45|
|PE Ratio (TTM)||14.78|
|Dividend & Yield||1.09 (3.15%)|
|1y Target Est||N/A|
AMD shares have cooled and were falling slightly in early morning trading Thursday.
Rosenblatt Securities’s Hans Mosesmann today reiterates a Buy rating on shares of Advanced Micro Devices (AMD), and a $20 price target, writing that a “high-level view is in order” of the company’s battle with Intel (INTC) for server chips. In tones dripping with sarcasm, Mosesmann refers to Tuesday’s unveiling of details of AMD’s “Epyc” server chip, and chides his colleagues on the Street for “denying reality” by failing to give AMD credit for what it’s accomplished. "Firstly, the amusing consensus view the day after the EPYC launch on the 20th is that it is a solid product (enough to gain some incremental share), and that only time can tell how it all plays out as Intel (INTC:Sell) responds." "Very value add,” quips Mosesmann.
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