AMD earnings beat | Strong Buy Rating

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AMD entered the Buy area on oversold level predicted here:
AMD oversold at January 2021 level | Buy area


AMD Q1 2022 Earnings:

EPS $1.13 vs $0.91 expected
Revenue 5.9B vs 5.2B expected

On 4/25/2022 Raymond James Upgraded AMD from Outperform to Strong-Buy setting a price target of $160.00

I think a reversal to $102 is most likely.

Looking forward to read your opinion about it.

Feragatname

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