Argus lowered the firm’s price target on AMD (AMD) to $160 from $220 and keeps a Buy rating on the shares after its in-line Q4 results. Both EPS and revenue rose double digits, but AMD’s Data Center sales guidance for 2025 was seen as cautious, the analyst tells investors in a research note. Argus further cites AMD anticipating demand environment to remain mixed this year, with strong growth in Data Center and Client expected to be offset by still-soft markets in Gaming and Embedded Processing.
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