Monday, July 10, 2000
AMD shares jump
--11:08 am - By Janet Haney
Advanced Micro Devices (AMD: news, msgs) shares gained over 5 percent Monday, after two
investment firms increased their price outlook on the chipmaker. Lehman Brothers shifted its price target
on AMD to $110 a share from $100, citing a strong finish to AMD's second quarter. Likewise, Banc of
America Securities upped its price target on AMD to $150 from $100 per share. AMD shares jumped 3
13/16 to 85 13/16. The company will report its quarterly results on July 19.
AMD shares jump
--11:08 am - By Janet Haney
Advanced Micro Devices (AMD: news, msgs) shares gained over 5 percent Monday, after two
investment firms increased their price outlook on the chipmaker. Lehman Brothers shifted its price target
on AMD to $110 a share from $100, citing a strong finish to AMD's second quarter. Likewise, Banc of
America Securities upped its price target on AMD to $150 from $100 per share. AMD shares jumped 3
13/16 to 85 13/16. The company will report its quarterly results on July 19.