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Advanced Micro Devices Shares Slip Ahead of Earnings on Tepid Analyst Call

Cs news4 weeks ago4 weeks ago02 mins

This article first appeared on GuruFocus. Shares of Advanced Micro Devices (AMD, Financials) fell on Tuesday after Morgan Stanley’s negative commentary made investors less optimistic before the company’s third-quarter earnings report. Analyst Joseph Moore gave the stock a Hold rating and a price objective of $246, which means that it won’t go up much from…

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