AMD to Present at the Nasdaq London Investor Conference

Go back to AMD to Present at the Nasdaq London Investor Conference

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