Form 4 ADVANCED MICRO DEVICES For: Jun 04 Filed by: Papermaster Mark D

Go back to Form 4 ADVANCED MICRO DEVICES For: Jun 04 Filed by: Papermaster Mark D

AMD cut at Morgan Stanley as bank prefers Nvidia and Broadcom

June 10, 2024 7:07 AM EDT

AMD (NASDAQ: AMD) was cut to Equal-Weight from Overweight at Morgan Stanley on Monday. The firm maintains a $176 price target on the stock.

While the bank still favors the narrative, it said investor expectations for the AI business still seem too... More