AMD Shares Hint At A Reversal As Charts Show Bullish Stick Sandwich Following A Double Downgrade From HSBC - Advanced Micro Devices (NASDAQ:AMD)
1. AMD shows a 'Bullish Stick Sandwich' candlestick pattern indicating potential reversal. 2. HSBC downgraded AMD's stock from 'Buy' to 'Reduce', lowering price target to $110. 3. Loop Capital initiated coverage with a 'Buy' rating, targeting $175 for AMD. 4. Analysts have a consensus 'Buy' rating with an average target of $184.53.