Why Advanced Micro Devices Plunged Today
Shares of chipmaker Advanced Micro Devices (NASDAQ: AMD) fell 5.4% in Monday trading, as of 2 p.m. ET.
The semiconductor stock fell today on the heels of an analyst downgrade from a Wall Street sell-side analyst, capping off a difficult few trading days for the artificial intelligence (AI) hopeful.
Today, Bank of America analyst Vivek Arya downgraded AMD to neutral from buy, while lowering his price target from $180 to $155.
Source Fool.com
Advanced Micro Devices Inc. Stock
€438.95
4.250%
The stock is one of the favorites of our community with 109 Buy predictions and 3 Sell predictions.
With a target price of 521 € there is a slightly positive potential of 18.69% for Advanced Micro Devices Inc. compared to the current price of 438.95 €.
