AMD shares are trading lower after Raymond James downgraded the stock from Strong Buy to Outperform but raised its price target from $190 to $195.

Advanced Micro Devices, Inc. -0.87%

Advanced Micro Devices, Inc.

AMD

201.99

-0.87%

AMD shares are trading lower after Raymond James downgraded the stock from Strong Buy to Outperform but raised its price target from $190 to $195.