Analyst sets AMD stock price target

Goldman Sachs analyst Toshiya Hari has revised his stance on Advanced Micro Devices (NASDAQ: AMD), downgrading the stock from Buy to Neutral and slashing the price target from $175 to $129. In pre-market trading, AMD is priced at $119.67, reflecting a 1.78% decline. The new target suggests a modest upside from current levels, albeit underscored by caution rather than confidence in the near-term trajectory.AMD 5-day price chart. Source: FinboldGoldman Sachs downgrades AMD sharesIn his commentary, Hari mainta ...