Can AMD (AMD) Shake Off the Goldman Downgrade?

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Go back to Can AMD (AMD) Shake Off the Goldman Downgrade?

Goldman Sachs Downgrades AMD (AMD) to Sell, Sees 43% Downside

May 16, 2013 6:54 AM EDT

Goldman Sachs downgraded AMD (NYSE: AMD) from Neutral to Sell with a price target of $2.50, suggesting 43% downside. The firm said the market is pricing in too much for gaming.

In the downgrade report, firm notes that, like it has many times in the past... More