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Analysts at Goldman Sachs and KeyBanc lowered their price targets for AMD stock, citing intensifying competition and demand ...
AMD stock (NASDAQ:AMD) has seen a meaningful sell-off over the past week, declining by about 11% over the last five trading ...
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A couple of factors have driven the recent sell-off. AMD stock was downgraded from buy to neutral by analysts at Goldman Sachs, while brokerage firm KeyBanc Capital Markets and HSBC also cut their ...
See why analysts downgraded Advanced Micro Devices and learn about potential upside in the stock as Q4 2024 results approach.
Goldman Sachs pointed out that AMD's stock has risen 50% since being added to their Buy list on November 4, 2020. However, this performance trails the S&P 500's 72% increase over the same period.