Advanced Micro Devices Inc. (NYSE: AMD) ran into trouble after earnings with a major change in sentiment, and most of what we saw in the last couple of weeks was analyst downgrades of a sort. Not Canaccord Genuity – with a Thursday note maintaining its Buy rating and its $4.50 price target. The firm had investor relations meetings and discussed near-term challenges and long-term opportunities, and they feel that the diversification strategy continues to progress.
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