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AMD price target lowered to $135 from $150 at Susquehanna

Susquehanna lowered the firm’s price target on AMD (AMD) to $135 from $150 and keeps a Positive rating on the shares. The firm previewed ita Q1 results saying they expect in-line to slightly better 1Q results on better PC. However, they see weaker guidance as new U.S. export restrictions impact its ability to sell MI308 to China.

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