FBR Capital Downgrades AMD To Market Perform
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.
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