AMD: Jefferies still a buyer
(CercleFinance.com) - On Friday Jefferies analysts confirmed their "Buy" recommendation on the AMD stock, along with their target price of 63 dollars, in a report on the semiconductor sector.
"AMD has invested in building a system that offers more core count on a scalable platform with better interconnect and memory access. Additionally, AMD's server processors excel in multithreaded workloads, which are favored by faster-growing data center applications," the analyst said.
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"AMD has invested in building a system that offers more core count on a scalable platform with better interconnect and memory access. Additionally, AMD's server processors excel in multithreaded workloads, which are favored by faster-growing data center applications," the analyst said.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.