It's time to move to the sidelines on AMD, Barclays says in downgrade
Advanced Micro Devices was downgraded to equal weight from overweight by Barclays, which cut its price target to $115 from $148. Intel was reiterated at underweight with a $45 price target. Analysts led by Blayne Curtis say AMD is still positioned to gain share this year in both the client and server markets, but there's a cyclical risk across several end markets for 2023. "We don't have a smoking gun pointing to a correction underway in any of these markets, but it's very clear to us that all... Читать дальше...