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Benzinga
Benzinga
Business
Adam Eckert

Why This Investor Is Building A Position In AMD

AMD Joe Terranova Goldman Sachs

Goldman Sachs removed Advanced Micro Devices Inc (NASDAQ:AMD) from its conviction list Monday and lowered the price target on the stock from $159 to $127.

Virtus Investment Partners' Joe Terranova decided to buy AMD shares in the wake of lower analyst expectations.

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