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Benzinga
Benzinga
Business
Shanthi Rexaline

HISTORICAL FACTS: Why this amd analyst is lowering price target after chipmaker s stellar q1 - Caught on Camera

Advanced Micro Devices, Inc. (NASDAQ:NASDAQ) reported forecast-beating quarterly results on Tuesday and raised its full-year revenue guidance.

Despite the all-round outperformance, an analyst at KeyBanc Capital Markets deemed it fit to lower the price target for AMD stock.

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