| | | In case anyone takes GS's new ratings on AMD and GS too seriously... Note the date on this piece.
AMD: New Management Shows Improvement, Says Goldman, But Still a Sell
New management of Lisa Su and team at AMD are showing better execution than the old AMD, says Goldman Sachs analyst Toshiya Hari, but Hari still rates the stock a Sell, noting rising expenses.
By Tiernan Ray
July 26, 2017 3:58 p.m. ET
Goldman Sachs’s Toshiya Hari is unmoved today in the case of Advanced Micro Devices (AMD), maintaining a Sell rating, and a $10.60 price target, following the company's better-than-expecteded Q2 yesterday, arguing that despite progress in the business, costs are keeping profit boxed in.
continues at barrons.com |
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