Keep buying AMD shares because its profitability will soar on new chips: Cowen

Keep buying AMD shares because its profitability will soar on new chips: Cowen

6 years ago
Anonymous $cyhBy-qkd5

https://www.cnbc.com/2018/06/15/keep-buying-amd-shares-because-its-profitability-will-soar-on-new-chips-cowen.html

Cowen is more optimistic on AMD gains in the cloud computing market after a presentation from a key company executive.

The firm raised its price target for AMD shares to $21 from $18, predicting the chipmaker will report better than expected profits in 2020.