Wedbush Downgrades Advanced Micro Devices To Neutral

Analysts at Wedbush downgraded Advanced Micro Devices (NYSE:
AMD
) from Outperform to Neutral. The price target for Advanced Micro Devices has been lowered from $6 to $3. Advanced Micro Devices shares have dropped 13.46% over the past 52 weeks, while the S&P 500 index has surged 16.33% in the same period. Advanced Micro Devices' shares slipped 6.10% to $3.08 in pre-market trading.
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