08.01.2025 20:23:32

Why AMD Stock Is Sinking Today

AMD (NASDAQ: AMD) stock is losing ground in Wednesday's trading. The semiconductor company's share price was down 3.6% as of 11:45 a.m. ET and had been down as much as 5.2% earlier in the session.AMD stock is falling today on the heels of bearish coverage from HSBC. The firm issued a rare double downgrade for its rating on the stock and slashed its one-year price target.In a note published before the market opened this morning, HSBC downgraded its rating on AMD stock from buy to reduce. The firm's analysts also cut their one-year price target from $200 per share to $110 per share. As of this writing, the new price target suggests additional downside of 10%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

Analysen zu AMD (Advanced Micro Devices) Inc.mehr Analysen

31.07.24 AMD Buy Goldman Sachs Group Inc.
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AMD (Advanced Micro Devices) Inc. 116,72 -0,78% AMD (Advanced Micro Devices)  Inc.