Merrill Lynch chip analyst Srini Pajjuri this morning cut his rating on Advanced Micro Devices (AMD) to Underperform from Neutral, while moving Analog Devices (ADI) in the other direction, to Neutral from Underperform.
We’ve come a long way since Pong and Space Invaders. But video and computer games are still striving to be both interactive and realistic. Have you seen the “Saturday Night Live” skit of the interview with Grand Theft Auto IV’s main characters, Niko and Vlad?
Well, here’s a pretty unambiguous stock opinion for you.
Avian Securities analyst Avi Cohen issued a note today headlined “We Still Hate AMD.”
Cohen notes that Advanced Micro Devices (AMD) shares have been up in recent weeks on positive news flow about better performance and more competitive product offerings from its ATI division as well as some analyst comments suggesting possible share gains in servers and notebooks due to product delays at Intel.
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