The news just keeps getting worse for AMD. According to an article at Forbes,American Technology Research analyst Doug Freedman downgraded the stock from 'buy' to 'neutral', causing the stock price to drop about 2.3% in value, and revised his target from $17 to $11. As a consequence, the stock price hit a new year low. In addition, he indicated that he doesn't see the potential for anything positive from AMD for at least 3-4 months.
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