Analysts: AMD’s Long-Term Outlook Is Positive and 3 More Research Notes to Browse
Advanced Micro Devices (NYSE:AMD): Wedbush upgraded AMD to Outperform from Neutral and expects the company to benefit from the rise of gaming consoles. The firm believes AMD is well-positioned for the long-term to gain share in servers with its dual architecture strategy. Wedbush raised its price target for the stock to $5 from $4.50.
Dunkin’ Brands Group (NASDAQ:DNKN): Miller Tabak upgraded Dunkin’ Brands to Buy from Hold ahead of earnings given sustained unit growth, DDPerks program contribution, store remodeling, and accelerated expansion overseas. The firm raised the price target for Dunkin’ shares to $53 from $46.
Glu Mobile (NASDAQ:GLUU): B. Riley upgraded Glu Mobile to Buy from Neutral; the firm upgraded shares due to early Deer Hunter 2014 success and strength in holdover titles. The analyst raised its price target for Glu Mobile shares to $3.75 from $2.75.
Amarin (NASDAQ:AMRN): Jefferies continues to expect a positive panel vote on Wednesday for Amarin’s Vascepa following Food and Drug Administration briefing documents released Friday. However, the firm points out that eight of the 10 panelists for Wednesday’s meeting are new, making an outcome difficult to call. Jefferies has a Buy rating on Amarin with a $20 price target.