AMD downgraded to Market Perform from Outperform at FBR Capital FBR Capital downgraded AMD to Market Perform citing a lack of earnings visibility following the company's weaker than expected Q3 outlook. The firm lowered its price target for shares to $4.50 from $6. Note shares were also downgraded this morning at BofA/Merrill.
Barclays to hold a conference Global Technology Conference is being held in San Francisco on December 9-10 with webcasted company presentations to begin on December 9 at 10:40 am; not all company presentations may be webcasted. Webcast Link