Advanced Micro Devices Inc. closed $111.21 below its 52-week high ($227.30), which the company achieved on March 8th.
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Advanced Micro Devices (NASDAQ:AMD – Free Report) had its price objective lowered by Wells Fargo & Company from $205.00 to $165.00 in a research report report published on Monday,Benzinga reports.
Though AI is a $15.7 trillion addressable market, analyst outlooks vary wildly on which stocks will enjoy the most success.
See why analysts downgraded Advanced Micro Devices and learn about potential upside in the stock as Q4 2024 results approach.