Enterprise Bancorp Inc
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Financials : Banks | Small Cap Blend
Company profile

Enterprise Bancorp, Inc. operates as the holding company of Enterprise Bank and Trust Company (the Bank). The Company is engaged in the business of gathering deposits from the general public and investing primarily in loans and investment securities and utilizing the resulting cash flows to conduct operations, expand the branch network, and pay dividends to stockholders. Through the Bank and its subsidiaries, the Company offers a range of commercial and consumer loan products, deposit products and cash management services. The Company also offers investment advisory and wealth management, trust and insurance services. The Company offers lending services to business entities, non-profit organizations, professionals and individuals. Loans made to businesses include commercial mortgage loans; construction and land development loans; secured and unsecured commercial loans; lines of credit, and standby letters of credit.

Closing Price
Day's Change
0.15 (0.67%)
B/A Size
Day's High
Day's Low

10-day average volume:

UPDATE: AMD stock upgraded at Susquehanna after earnings

9:44 am ET July 29, 2020 (MarketWatch)

Susquehanna analyst Christopher Rolland upgraded shares of Advanced Micro Devices Inc. (AMD) to positive from neutral on Wednesday, following the chip company's better-than-expected earnings report (http://www.marketwatch.com/story/amd-stock-heads-toward-record-high-after-beating-on-earnings-raising-annual-forecast-2020-07-28) and Intel Corp.'s (INTC) admission last week that it would have to delay the release of its 7-nanometer chips. "As share shifts appear to be accelerating for AMD, and the competitive gap widens, we can no longer wait patiently," Rolland wrote in his note to clients. He expects that AMD could see a 20% share in the server market by 2023, up from single-digit share today, and 35% share in notebooks, up from about 20% now. "Overall, with a bit of good luck we envision more than $3 of EPS in 2023 and a bull case for almost $5 in 2025," he wrote. AMD shares are up 11% in premarket trading Wednesday and they've gained 47% so far this year. The S&P 500 is down 0.4% in that time and the PHLX Semiconductor Index is up 11%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

July 29, 2020 09:44 ET (13:44 GMT)

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