This AMD Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday - Advanced Micro Devices (NASDAQ:AMD), CarGurus (NASDAQ:CARG)
1. Jefferies downgraded AMD from Buy to Hold. 2. Price target for AMD lowered from $135 to $120. 3. AMD shares closed at $110.19 on the downgrade announcement. 4. Analysts are cautiously optimistic about AMD's future performance. 5. Overall sentiment shifts to a more conservative outlook for AMD.