AMD: FBR Cuts Target; $5 Possible Downside
Shares of Advanced Micro Devices (AMD) are up 28 cents, or 5%, at $6.29, despite a cautious report from FBR Capital‘s Craig Berger this morning, in which he reiterated an Outperform rating but cut his price target from $11 to $9, writing that the stock could see “more downside towards $5 this summer” before the [...]
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