Goldman Sachs downgrades Advanced Micro Devices (AMD) to Neutral from Buy, lowering their price target to $129 from $175. The analysts say other chipmakers are better positioned to compete ...

Conversely, Goldman Sachs downgraded Advanced Micro Devices (NASDAQ:AMD) to Neutral from Buy. The bank also reduced its price target on the stock substantially to $129 from $175, a decrease of 26%.