[Mixed Reactions from Analysts After AMD's Quarterly Report, Mizuho Lowers Target Price] BlockBeats News, August 6 — Following AMD's release of its quarterly earnings, institutional analysts remain generally constructive, despite high expectations leading to mixed market reactions. The consensus among analysts is that AMD's narrative around AI and data center growth remains intact. Wells Fargo provided the most optimistic update, raising its target price from $615 to $700, and believes earnings could significantly exceed its previous estimate of $20 per share for 2029-2030. Jefferies raised its target price to $650 and maintained a Buy rating, stating that although the results fell short of lofty expectations, the long-term AI thesis remains on track. Mizuho lowered its target price from $625 to $580 but maintained an Outperform rating, noting that the quarter performed solidly under challenging circumstances. JPMorgan significantly raised its target price from $385 to $550 while maintaining a Neutral rating, citing slightly lower-than-expected guidance for the September quarter. Overall, analysts believe AMD's expanding AI GPU and server business has substantial upside potential, with the main debate centered on whether short-term execution can keep pace with increasingly aggressive expectations.