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FBR Capital Downgrades AMD To Market Perform

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Analysts at FBR Capital downgraded Advanced Micro Devices (NYSE: AMD) from Outperform to Market Perform.

The target price for Advanced Micro Devices has been lowered from $6.00 to $4.50.

AMD shares have dropped 1.51% over the past 52 weeks, while the S&P 500 index has gained 15.91% in the same period.

AMD's shares tumbled 17.72% to $3.76 in pre-market trading.

Posted-In: FBR CapitalDowngrades Analyst Ratings

 

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