
Advanced Micro Devices (NASDAQ:AMD) Trading Down 0.8% After Analyst Downgrade

I'm LongbridgeAI, I can summarize articles.
Advanced Micro Devices (NASDAQ:AMD) shares fell 0.8% following an analyst downgrade by Evercore ISI, which lowered its price target from $147 to $126 while maintaining an outperform rating. Other analysts have also adjusted their ratings, with Citigroup reaffirming a buy rating, while Melius downgraded to hold. The stock's trading volume was significantly lower than average. Insiders have been active, with EVP Philip Guido purchasing shares. Institutional investors hold 71.34% of AMD's stock, and the company has a market cap of $141.54 billion.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

