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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (119957)7/10/2000 5:12:42 PM
From: Maverick   of 1575196
 
Dan Niles raised tgt to $110, sees strong Q2
10-Jul-00 08:43 ET
Advanced Micro (AMD) 82: Lehman Brothers analyst Dan Niles sees company's untaxed Q2 earnings coming in above the firm's $1.06 estimate and likely above the $1.15 earned in Q2, citing strong finish to the quarter (the current First Call mean estimate for the period is $1.13); Niles raising price target from $100 to $110. From Briefing.com

Over at Lehman, Dan Niles lifted his price target to $110 from $100 and told clients he thinks the company saw a strong finish to the second quarter with quarter-over-quarter revenue growh better than his 2 percent forecast and strong bookings. From Market Pulse
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