AMD: Sterne Agee Says Hold on Weak Q3 PCs, Williams Defends
Shares of Advanced Micro Devices (AMD) are down 19 cents, or 3%, at $5.84, after Sterne Agee’s Vijay Rakesh cut his rating on sure shares to Neutral from Buy, with an $8.50 price target, writing that his “checks” of the original design manufacturers for personal computers suggest June quarter PC production was “modestly lighter” and [...]
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