AMD (AMD) PT Lowered to $130 at Truist Securities; 'DC GPU Slowing Already is Discouraging'

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Citi Downgrades AMD (AMD) to Neutral

February 5, 2025 7:48 AM EST

Citi analyst Christopher Danely downgraded AMD (NASDAQ: AMD) from Buy to Neutral with a price target of $110.00 (from $175.00).

The analyst comments "Yesterday after the close, AMD reported decent results/guidance driven by higher CPU sales. However, AMD didnt provide AI revenue... More